An Improved Grey Wolf Optimizer for a Supplier Selection and Order Quantity Allocation Problem

An Improved Grey Wolf Optimizer for a Supplier Selection and Order Quantity Allocation Problem

Supplier selection and order quantity allocation have a strong influence on a company’s profitability and the total cost of finished products. From an optimization perspective, the processes of selecting the right suppliers and allocating orders are modeled through a cost function that considers dif...

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Bibliographic Details
Main Authors: Avelina Alejo-Reyes, Erik Cuevas, Alma Rodríguez, Abraham Mendoza, Elias Olivares-Benitez
Format: Article
Language:English
Published: MDPI AG 2020-08-01
Series:Mathematics
Subjects:
metaheuristic algorithms
grey wolf optimizer
supply chain management
supplier selection
order quantity allocation
Online Access:https://www.mdpi.com/2227-7390/8/9/1457

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https://www.mdpi.com/2227-7390/8/9/1457

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