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Title: Supplier selection using NSGA-II technique
Authors: Ranković, Vladimir
Arsovski, Zora
Arsovski S.
Kalinić, Zoran
Milanovic I.
Rejman Petrović, Dragana
Journal: International Journal of Web Portals
Issue Date: 1-Oct-2012
Abstract: In modern manufacturing industries, supplier selection is increasingly recognized as a critical decision in supply chain management. Supplier selection problem is a typical multiple criteria decision making problem involving a number of different and usually conflicting objectives. Because of that, modern supplier selection techniques imply solving of multi-objective optimization problems. In this paper supplier selection using evolutionary algorithm (NSGA-II method) is presented. Recent investigations show that quality and costs are among the most important selection factors. In this paper the authors used variance of quality and total costs as criteria for selection optimization. Results show that described methodology can be applicable for the practical purposes. Copyright © 2012, IGI Global.
Type: Article
DOI: 10.4018/jwp.2012100103
ISSN: 19380194
SCOPUS: 84877906311
Appears in Collections:Faculty of Economics, Kragujevac
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