Chapter
Apr 26, 2012
Inventory Optimization for Fresh Food of Regional Chain Supermarket Based on the Adaptive Genetic Algorithm
Authors: Shenghong Li [email protected] and Wanchun LiAuthor Affiliations
Publication: ICLEM 2010: Logistics For Sustained Economic Development: Infrastructure, Information, Integration
Abstract
In this paper, parameters affecting inventory decision are set in accordance to the specialty of fresh food on the premise of fulfilling the demands of the customer and with the aim of minimizing total stock cost. In addition, an inventory optimization model of regional chain supermarket is proposed which is used to obtain the optimal solution with adaptive genetic algorithm. Finally, the results for a numerical example show that the algorithm can guide practical inventory management activities to carry it out reasonably.
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Published In
ICLEM 2010: Logistics For Sustained Economic Development: Infrastructure, Information, Integration
Pages: 4573 - 4581
Copyright
© 2010 American Society of Civil Engineers.
History
Published online: Apr 26, 2012
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ASCE Technical Topics:
- Adaptive systems
- Algorithms
- Benefit cost ratios
- Business management
- Client relationships
- Engineering fundamentals
- Financial management
- Freight transportation
- Infrastructure
- Inventories
- Logistics
- Mathematics
- Methodology (by type)
- Models (by type)
- Numerical methods
- Optimization models
- Parameters (statistics)
- Practice and Profession
- Statistics
- Systems engineering
- Systems management
- Transportation engineering
Authors
Affiliations
logistics institute of Southwest JiaoTong University, Chengdu 610031, China; Neijiang Vocational&Technical College, Neijiang 641100, China.E-mail: [email protected]
Wanchun Li
logistics institute of Southwest JiaoTong University, Chengdu 610031, China; Neijiang Vocational&Technical College, Neijiang 641100, China
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.