DocumentCode :
3242026
Title :
Particle Swarm Optimization Algorithm Based Approach to Solve Theory of Constraint Product Mix Problem
Author :
Rezaie, K. ; Nazari-Shirkouhi, S. ; Manouchehrabadi, B.
Author_Institution :
Dept. of Ind. Eng., Univ. of Tehran, Tehran, Iran
fYear :
2009
fDate :
14-16 Dec. 2009
Firstpage :
439
Lastpage :
442
Abstract :
In the recent years, theory of constraint (TOC) has been applied as an effective management tool to solve decision making problems by focusing on the bottleneck and maximizing firm profit. The product mix problem is a major problem and relates to application of TOC in manufacturing enterprises. Product mix problem includes the determination of quantity and identity of products to produce. There are various approaches to solve Product mix problems. However, we can divide these approaches to two divisions as heuristic and meta-heuristic solution methods. Heuristic approaches applied to this problem include traditional TOC by Goldratt and revised TOC, an improved algorithm and etc. meta-heuristic algorithms have been applied extensively in literature such as tabu-search, hybrid Tabu Search and simulated annealing, and Psycho-Clonal algorithm. In this paper a proposed particle swarm optimization (PSO) algorithm is applied to solve the product mix optimization problem. Also, the results obtained from the proposed PSO are compared with the results of other approaches.
Keywords :
constraint theory; decision making; manufacturing systems; particle swarm optimisation; production management; search problems; simulated annealing; constraint product mix problem; constraint theory; decision making problems; hybrid tabu search; management tool; manufacturing enterprises; meta-heuristic solution methods; particle swarm optimization algorithm; psycho-clonal algorithm; simulated annealing; Constraint theory; Decision making; Engineering management; Industrial engineering; Manufacturing; Modeling; Particle swarm optimization; Simulated annealing; Systems engineering and theory; Throughput; Particle Swarm optimization; Product Mix Problem; Theory of Constraint;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Developments in eSystems Engineering (DESE), 2009 Second International Conference on
Conference_Location :
Abu Dhabi
Print_ISBN :
978-1-4244-5401-3
Electronic_ISBN :
978-1-4244-5402-0
Type :
conf
DOI :
10.1109/DeSE.2009.18
Filename :
5395169
Link To Document :
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