Simulation optimization in manufacturing analysis: a simulation-optimization approach using genetic search for supplier selection

Abstract

The paper presents a simulation-optimization approach using genetic algorithm to the supplier selection problem. The problem consists in selecting a portfolio of suppliers from a set of pre-selected candidates. The supplier selection is a multi-criteria problem that includes both qualitative and quantitative criteria. In order to select the best suppliers… (More)
DOI: 10.1145/1030818.1030986

Topics

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