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Research Paper | Mathematics | India | Volume 6 Issue 11, November 2017 | Popularity: 6.2 / 10
Applying Genetic Algorithms for Profit Manufacturing Model with Capacity Constraints of Each Production Process
R. L. Das
Abstract: In this jet at of 21 st century there are many ways of dealing with firms that inculcates different parameters considering manufacturing process. Also, we have introduced the concept of determining GA with lot-size production models used by various researchers. Further, basic concept of GA with the implementation of manufacturing model having capacity constraint has been circumscribed to determine the profit. Meanwhile, comparison of the model with LPP, LINGO and GA has been done and few sensitivity analysis has been performed. Finally, numerical example is presented and sensitivity analysis is performed to observe the effect of change of various parameters in the optimal policy.
Keywords: LPP, Lingo, GA, Inventory Problems, Profit maximization
Edition: Volume 6 Issue 11, November 2017
Pages: 594 - 597
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