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Title: Supplier selection using multiobjective evolutionary algorithm
Authors: Ranković, Vladimir
Arsovski, Zora
Arsovski S.
Kalinić, Zoran
Milanovic I.
Rejman Petrović, Dragana
Journal: Communications in Computer and Information Science
Issue Date: 3-Sep-2012
Abstract: Supplier selection is one of the most critical activities of purchasing management. Nowadays, supplier selection includes a number of different and usually conflicting objectives. Because of that, modern supplier selection techniques imply solving of multiobjective optimization problems. In this paper supplier selection using evolutionary algorithm (SPEA method) is presented. As criteria for selection optimization we used variance of quality and total costs. Results show that described methodology can be applicable for the practical purposes. © 2012 Springer-Verlag.
Type: Conference Paper
DOI: 10.1007/978-3-642-31800-9_33
ISSN: 18650929
SCOPUS: 84865460548
Appears in Collections:Faculty of Economics, Kragujevac
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