Geodesic
Simulated Annealing and Joint Manufacturing Batch- Sizing
Yugoslav journal of operations research, Tome 13 (2003) no. 2, p. 245 .

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We address an important problem of a manufacturing system. The system procures raw materials from outside suppliers in a lot and processes them to produce finished goods. It proposes an ordering policy for raw materials to meet the requirements of a production facility. In return, this facility has to deliver finished products demanded by external buyers at fixed time intervals. First, a general cost model is developed considering both raw materials and finished products. Then this model is used to develop a simulated annealing approach to determining an optimal ordering policy for procurement of raw materials and also for the manufacturing batch size to minimize the total cost for meeting customer demands in time. The solutions obtained were compared with those of traditional approaches. Numerical examples are presented.
Classification : 90B30 90C59
Keywords: Inventory, procurement, periodic delivery, optimum order quantity, heuristic, simulated annealing. 
@article{YJOR_2003_13_2_a9,
     author = {Ruhul Sarker and Xin Yao},
     title = {Simulated {Annealing} and {Joint} {Manufacturing} {Batch-} {Sizing}},
     journal = {Yugoslav journal of operations research},
     pages = {245 },
     publisher = {mathdoc},
     volume = {13},
     number = {2},
     year = {2003},
     zbl = {1054.90025},
     language = {en},
     url = {http://geodesic.mathdoc.fr/item/YJOR_2003_13_2_a9/}
}
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Ruhul Sarker; Xin Yao. Simulated Annealing and Joint Manufacturing Batch- Sizing. Yugoslav journal of operations research, Tome 13 (2003) no. 2, p. 245 . http://geodesic.mathdoc.fr/item/YJOR_2003_13_2_a9/