Title :
Penalty Guided Genetic Algorithm for Partner Selection Problem in Agile Manufacturing Environment
Author :
Cao, Hongyi ; Gao, Yanli
Author_Institution :
Coll. of Bus. Adm., ZhongNan Univ. of Econ. & Law, Wuhan
Abstract :
Agile manufacturing will be the future direction for the manufacturing industry in the 21st century. Partner selection and risk control are important decision problems in agile manufacturing environment. The partner selection problem was investigated during the establishment of manufacturing alliance and was formulated into a nonlinear programming model. The model´s objective was to maximize project success probability within the constraints of cost and time. Because of the complexity and the nonlinearity of the model, it cannot be solved by conventional methods easily. A penalty guide genetic algorithm approach was proposed in which the penalty function was adaptive and responded to the search history. Computational results from various test problems show that the algorithm efficiently and effectively searches over the promising feasible and infeasible regions to identify a final, feasible optimal, or near optimal solution
Keywords :
agile manufacturing; genetic algorithms; nonlinear programming; probability; risk analysis; search problems; adaptive penalty function; agile manufacturing; decision problem; manufacturing alliance; manufacturing industry; nonlinear programming model; partner selection; penalty guided genetic algorithm; probability; risk control; Agile manufacturing; Consumer electronics; Costs; Educational institutions; Environmental economics; Genetic algorithms; History; Industrial electronics; Manufacturing industries; Virtual manufacturing; Adaptive penalty function; Agile manufacturing; Genetic algorithm; Partner selection; Risk control;
Conference_Titel :
Intelligent Control and Automation, 2006. WCICA 2006. The Sixth World Congress on
Conference_Location :
Dalian
Print_ISBN :
1-4244-0332-4
DOI :
10.1109/WCICA.2006.1712973