Optimizing models for production and inventory control using a genetic algorithm

In order to make the Economic Production Quantity (EPQ) model more applicable to real-world production and inventory control problems, in this paper we expand this model by assuming that some imperfect items of different product types being produced such as reworks are allowed. In addition, we may h...

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Bibliographic Details
Main Authors: Dragan S. Pamučar, Boban D. Đorović
Format: Article
Language:English
Published: University of Defence in Belgrade 2012-01-01
Series:Vojnotehnički Glasnik
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0042-8469/2012/0042-84691201014P.pdf