The Application of a Hybrid Genetic Algorithm in the Partners Selection of Virtual Enterprise

Selection of partners is one of the critical problems of Virtual Enterprise. In the paper, according to the deficiency in the existed quantitative methods, a partners-selection of optimization mathematic model is proposed, taking the advantages of simulated annealing algorithm and genetic algorithm, a hybrid genetic algorithm is used to slove the problem of partners selection in Virtual Enterprise. Finally, a typical simulation study is carried out to illustrate the algorithm´s validity.