A Particle Swarm Optimization Algorithm for Solving Economic Lot Scheduling Problems

Ai, The Jin and Astanti, Ririn Diar and Bintoro, Ag. Gatot and Gong, Dah Chuan (2014) A Particle Swarm Optimization Algorithm for Solving Economic Lot Scheduling Problems. In: Asia Pacific Industrial Engineering and Management System Conference 2014, October 12 - 15, 2014, Ramada Plaza Jeju Hotel, Jeju, Korea.

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Abstract

The Economic Lot Scheduling Problem (ELSP) is the problem for determining the production schedule of many products to single production facility where the setup times, production and demand rates of each product are different. Due to its practical importance in the field of production and inventory management, this problem has been attracted many researchers and lead to many problem variants. Some exact and heuristics approaches had been proposed in the past for solving the ELSP and its variants, however, each approach is usually intended to solve a particular ELSP variant. This paper tries to develop a new and unified solution methodology for solving the ELSP and its variants using the particle swarm optimization, especially by proposing the solution representation and its decoding method. The computational results show that the proposed algorithm is able to find good solution of ELSP.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Economic Lot Scheduling Problem, Production and Inventory Management, Particle Swarm Optimization, Computational Method, Metaheuristics
Subjects: Industrial Engineering
Divisions: Fakultas Teknologi Industri > Teknik Industri
Depositing User: Editor UAJY
Date Deposited: 26 Aug 2016 06:48
Last Modified: 18 Nov 2016 11:38
URI: http://e-journal.uajy.ac.id/id/eprint/10199

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