Modeling the Material-Inventory Transportation Problem Using
Multi-Objective Optimization
- URL: http://arxiv.org/abs/2206.02350v1
- Date: Mon, 6 Jun 2022 04:39:34 GMT
- Title: Modeling the Material-Inventory Transportation Problem Using
Multi-Objective Optimization
- Authors: Issarapong Khuankrue, Sudchai Boonto and Yasuhiro Tsujimura
- Abstract summary: This study proposes a model to find out about the adjustment of material inventory through transportation.
The objective of this model is to minimize the whole production cost and total transportation cost.
- Score: 0.0
- License: http://creativecommons.org/licenses/by/4.0/
- Abstract: In the era of industry 4.0, procurement in supply chain management is the key
to developing information management systems. It directly affects production
planning failure. In this case, it is the process to prepare and confirming the
material inventory is in the ordinal stages and be able to produce the products
in any production line. In terms of industrial informatics, it can provide
information management approaches for leveraging data sharing between
factories. The multiobjective optimization will be enabled by integrating
material inventory, production planning and monitoring, and transportation
planning collaboration. The material-inventory transportation problem is the
virtual factory situation when production plan failure occurs. It becomes the
cost to transport material between each factory and the distribution to
clients. In this study, the question of the material-inventory transportation
problem is: How can we transport other materials from one factory into another
factory? This study proposed a model to find out about the adjustment of
material inventory through transportation. The objective of this model is to
minimize the whole production cost and total transportation cost.
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