Inventory replenishment decision model for the supplier selection problem using metaheuristic algorithms

Inventory replenishment decision model for the supplier selection problem using metaheuristic algorithms

In supply chain management, fast and accurate decisions in supplier selection and order quantity allocation have a strong influence on the company's profitability and the total cost of finished products. In this paper, a novel and non-linear model is proposed for solving the supplier selection...

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Bibliographic Details
Main Authors: Avelina Alejo-Reyes, Elias Olivares-Benitez, Abraham Mendoza, Alma Rodriguez
Format: Article
Language:English
Published: AIMS Press 2020-01-01
Series:Mathematical Biosciences and Engineering
Subjects:
metaheuristic algorithms
particle swarm optimization
genetic algorithm
differential evolution
inventory management
supply chain management
supplier selection
order quantity allocation
Online Access:https://www.aimspress.com/article/doi/10.3934/mbe.2020107?viewType=HTML

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