Supplier selection using NSGA-II technique

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.