• DocumentCode
    3348159
  • Title

    Optimization design of special steel enterprise JIT procurement based on genetic algorithm

  • Author

    Qiang Lv ; Jingyin Li

  • Author_Institution
    Finance Dept., Shandong Univ. of Sci. & Technol., Jinan, China
  • Volume
    4
  • fYear
    2011
  • fDate
    26-28 July 2011
  • Firstpage
    2246
  • Lastpage
    2250
  • Abstract
    Through the analysis and study on the problem about JIT procurement of enterprise group, a JIT procurement and supply model structure of enterprise group was constructed, and JIT procurement mathematical model which is based on procurement cost and delivery time was also founded. On the basis of adaptive genetic algorithm, an original algorithm for multi-constraint JIT procurement mathematical model which chose the procurement cost and delivery time as the optimization objective was proposed. Finally the algorithm is applied to solve the practical problem and the solving result verifies the validity and efficiency of the model and the solving algorithm.
  • Keywords
    costing; genetic algorithms; goods distribution; just-in-time; mathematical analysis; procurement; steel industry; adaptive genetic algorithm; delivery time; multiconstraint JIT procurement mathematical model; optimization; procurement cost; special steel JIT procurement; supply model structure; Analytical models; Companies; Genetic algorithms; Materials; Mathematical model; Procurement; Production; Adaptive Genetic Algorithm; JIT Procurement; Mathematical Model;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Natural Computation (ICNC), 2011 Seventh International Conference on
  • Conference_Location
    Shanghai
  • ISSN
    2157-9555
  • Print_ISBN
    978-1-4244-9950-2
  • Type

    conf

  • DOI
    10.1109/ICNC.2011.6022410
  • Filename
    6022410