2022
DOI: 10.1556/1848.2021.00334
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Applied real-valued genetic algorithm for an extended model of economic lot, purchase and delivery scheduling problem

Abstract: Supply chain management intends to integrate supply chains' activities such as material flow, information flow and financial issues. Material flow management is the most significant issue since the inventory level in the whole supply chain could be optimized by an integrated plan. In other words, when one member of the supply chain plans to reduce its inventory level solely, despite reducing inventory in this node the inventory will be stocked in other partners' warehouses. Therefore, in this paper a new mathe… Show more

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Cited by 1 publication
(1 citation statement)
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“…Materials management encompasses all the aspects of the materials i.e., material costs, material supply and material utilization. Materials management is concerned with material planning and materials control activities [11]. It is an important aspect of the factory and industrial system that includes a complete variety of duties such as material handling, material procurement, assembly line management, storage, and material transport.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Materials management encompasses all the aspects of the materials i.e., material costs, material supply and material utilization. Materials management is concerned with material planning and materials control activities [11]. It is an important aspect of the factory and industrial system that includes a complete variety of duties such as material handling, material procurement, assembly line management, storage, and material transport.…”
Section: Literature Reviewmentioning
confidence: 99%