Multi-product multi-chance-constraint stochastic inventory control problem with dynamic demand and partial back-ordering: A harmony search algorithm

Journal of Manufacturing Systems

Volumn 31, Issue 2, 2012, Pages 204-213

  Taleizadeh, Ata Allah ^a   Niaki, Seyed Taghi Akhavan ^b   Seyedjavadi, Seyed Mohammad Haji ^c  

^a IRAN UNIVERSITY OF SCIENCE AND TECHNOLOGY   (Iran)

^b SHARIF UNIVERSITY OF TECHNOLOGY   (Iran)

^c ISLAMIC AZAD UNIVERSITY   (Iran)

Author keywords

Dynamic demand; Harmony search algorithm; Inventory control; Multi product multi constraint; Partial back ordering; Stochastic replenishment

Indexed keywords

DECREASING FUNCTIONS; DIFFERENT SIZES; DYNAMIC DEMAND; HARMONY SEARCH; HARMONY SEARCH ALGORITHMS; INTEGER-NONLINEAR PROGRAMMING; INVENTORY CONTROL PROBLEMS; MULTI-PRODUCTS; NUMERICAL EXAMPLE; PARTIAL BACK-ORDERING; PARTICLE SWARM OPTIMIZATION ALGORITHM; STOCHASTIC INVENTORY;

LEARNING ALGORITHMS; STOCHASTIC MODELS; STOCHASTIC SYSTEMS;

INVENTORY CONTROL;

EID: 84858333685     PISSN: 02786125     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmsy.2011.05.006     Document Type: Article

References (31)

1. F. Harris Operations and cost, factory management service 1915 A.W. Shaw Co. Chicago
2. J.K. Dey, S. Kar, A.K. Bhuina, and M. Maiti Inventory of differential items selling from two shops under a single management with periodically increasing demand over a finite time-horizon Int J Prod Econ 100 2006 335 347 (Pubitemid 41737530)
3. E.A. Silver, and H.C. Meal A heuristic for selecting lot size quantities for the case of a deterministic time varying demand rate and discrete opportunities for replenishment Prod Invent Manage 14 1973 64 74
4. J.K. Dey, S. Kar, and M. Maiti An interactive method for inventory control with fuzzy lead-time and dynamic demand Eur J Oper Res 167 2005 381 397 (Pubitemid 40219986)
5. J.K. Dey, S.K. Mondal, and M. Maiti Two storage inventory problem with dynamic demand and interval valued lead-time over finite time horizon under inflation and time-value of money Eur J Oper Res 185 2008 170 194 (Pubitemid 47432732)
6. W.A. Doneldson Inventory replenishment policy for a linear trend in demand - an analytic solution Oper Res Q 28 1977 663 670
7. H.J. Change, and C.Y. Dye An EOQ model for deteriorating items with time-varying demand and partial backlogging J Oper Res Soc 50 1999 1176 1182
8. S.K. Goyal, D. Mortin, and F. Nebebe The finite time horizon trended inventory replenishment problem with shortages J Oper Res Soc 43 1992 1173 1178 (Pubitemid 23580991)
9. L.L. Gao, N. Altay, and E. Powell Robinson A comparative study of modeling and solution approaches for the coordinated lot-size problem with dynamic demand Math Comp Model 47 2008 1254 1263
10. D. Kim, and V.A. Mabert Cycle scheduling for discrete shipping and dynamic demands Comp Ind Eng 38 2000 215 233
11. A. Martel, and A. Gascon Dynamic lot-sizing with price changes and price-dependent holding costs Eur J Oper Res 111 1998 114 128 (Pubitemid 128401644)
12. J. Hu, and C.L. Munson Dynamic demand lot-sizing rules for incremental quantity discounts J Oper Res Soc 53 2002 855 863 (Pubitemid 34838786)
13. L. Wang, F. Dang, and X. Sun Game analysis for supply chain of perishable products under dynamic demand, Huazhong Keji Daxue Xuebao (Ziran Kexue Ban) J Huazhong Univ Sci Technol (Nat Sci Ed) 37 2009 79 81
14. D.W. Pentico Assortment problem with dynamic deterministic demands and stationary stocking-substitution policies Proceedings - annual meeting of the decision sciences institute, 2 1997 936 938
15. W.J. Hopp, and X. Xu A static approximation for dynamic demand substitution with applications in a competitive market Oper Res 56 2008 630 645
16. A.A. Taleizadeh, M.B. Aryanezhad, and S.T.A. Niaki Optimizing multi-product multi-constraint inventory control systems with stochastic replenishment J Appl Sci 8 2008 1228 1234
17. A.A. Taleizadeh, S.T.A. Niaki, and M.B. Aryanezhad Multi-product multi-constraint inventory control systems with stochastic replenishment and discount under fuzzy purchasing price and holding costs Am J Appl Sci 6 2009 1 12
18. B. Liu Uncertainty theory: an introduction to its axiomatic foundations 2004 Springer Berlin, Germany
19. M. Gen Genetic algorithm and engineering design 1997 John Wiley & Sons New York, NY, USA
20. M. Dorigo, and T. Stutzle Ant colony optimization 2004 MIT Press Cambridge, MA, USA
21. K.S. Lee, and Z.W. Geem A new structural optimization method based on the harmony search algorithm Comput Struct 82 2004 781 798
22. A. Vasebi, M. Fesanghary, and S.M.T. Bathaee Combined heat and power economic dispatch by harmony search algorithm Int J Electrical Power Energy Syst 29 2007 713 719 (Pubitemid 350046808)
23. D.E. Goldberg Genetic algorithms in search optimization and machine learning 1989 Addision-Wesley Boston, MA, USA
24. Z.W. Geem, J.H. Kim, and G.V. Loganathan A new heuristic optimization algorithm: harmony search Simulation 76 2001 60 68 (Pubitemid 32543074)
25. Z.W. Geem, and H. Hwangbo Application of harmony search to multi-objective optimization for satellite heat pipe design, UKC AST-1.1 2006
26. Z.W. Geem, K.S. Lee, and T. Park Application of harmony search to vehicle routing Am J Appl Sci 2 2005 1552 1557
27. Z.W. Geem, J.H. Kim, and G.V. Loganathan Harmony search optimization: application to pipe network design Int J Model Simul 22 2002 125 133 (Pubitemid 34732149)
28. Z.W. Geem Optimal cost design of water distribution networks using harmony search Eng Optim 38 2006 259 280
29. M. Mahdavi, M. Fesanghari, and E. Damangir An improved harmony search algorithm for solving optimization problem Appl Math Comput 188 2007 1567 1579 (Pubitemid 46710046)
30. M. Fesanghari, M. Mahdavi, M. Minari-Jolandan, and Y. Alizadeh Hybridizing harmony search algorithm with sequential quadratic programming for engineering optimization problems Comp Meth Appl Mech Eng 197 2008 3080 3091
31. A.A. Taleizadeh, S.T.A. Niaki, N. Shafii, R. Ghavamizadeh-Meibodi, and A. Jabbarzadeh A particle swarm optimization approach for constraint joint single buyer-single vendor inventory problem with changeable lead-time and (r,Q) policy in supply chain Int J Adv Manuf Technol 51 2010 1209 1223