Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm
The management of raw material inventory is used to overcome the problems occuring especially in the food industry to achieve effectiveness, timeliness, and high service levels which are contrary to the problem of effectiveness and cost efficiency. The inventory control system is built to achieve th...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2018-01-01
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| Series: | E3S Web of Conferences |
| Subjects: | |
| Online Access: | https://doi.org/10.1051/e3sconf/20187313016 |
| _version_ | 1818912757635874816 |
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| author | Priymasiwi Mara Huriga Mustafid |
| author_facet | Priymasiwi Mara Huriga Mustafid |
| author_sort | Priymasiwi Mara Huriga |
| collection | DOAJ |
| description | The management of raw material inventory is used to overcome the problems occuring especially in the food industry to achieve effectiveness, timeliness, and high service levels which are contrary to the problem of effectiveness and cost efficiency. The inventory control system is built to achieve the optimization of raw material inventory cost in the supply chain in food industry. This research represents Differential Evolution (DE) algorithm as optimization method by minimizing total inventory based on amount of raw material requirement, purchasing cost, saefty stock and reorder time. With the population size, the parameters of mutation control, crossover parameters and the number of iterations respectively 80, 0.8, 0.5, 200. With the amount of safety stock at the company 7213.95 obtained a total inventory cost decrease of 39.95%. Result indicate that the use of DE algorithm help providein efficient amount, time and cost. |
| first_indexed | 2024-12-19T23:19:40Z |
| format | Article |
| id | doaj.art-d4ee711f38cb4bfdb0e7399c56189dc3 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-19T23:19:40Z |
| publishDate | 2018-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-d4ee711f38cb4bfdb0e7399c56189dc32022-12-21T20:02:00ZengEDP SciencesE3S Web of Conferences2267-12422018-01-01731301610.1051/e3sconf/20187313016e3sconf_icenis18_13016Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution AlgorithmPriymasiwi Mara Huriga0Mustafid1Magister Program of Information System, School of Postgraduate Studies, Diponegoro UniversityDepartment of Mathematic, Faculty of Science and Mathematic, Diponegoro UniversityThe management of raw material inventory is used to overcome the problems occuring especially in the food industry to achieve effectiveness, timeliness, and high service levels which are contrary to the problem of effectiveness and cost efficiency. The inventory control system is built to achieve the optimization of raw material inventory cost in the supply chain in food industry. This research represents Differential Evolution (DE) algorithm as optimization method by minimizing total inventory based on amount of raw material requirement, purchasing cost, saefty stock and reorder time. With the population size, the parameters of mutation control, crossover parameters and the number of iterations respectively 80, 0.8, 0.5, 200. With the amount of safety stock at the company 7213.95 obtained a total inventory cost decrease of 39.95%. Result indicate that the use of DE algorithm help providein efficient amount, time and cost.https://doi.org/10.1051/e3sconf/20187313016Differential evolution algorithminventory optimizationraw materials optimizationfood supply chain |
| spellingShingle | Priymasiwi Mara Huriga Mustafid Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm E3S Web of Conferences Differential evolution algorithm inventory optimization raw materials optimization food supply chain |
| title | Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm |
| title_full | Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm |
| title_fullStr | Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm |
| title_full_unstemmed | Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm |
| title_short | Optimization Of Raw Material Inventory Costs In The Food Supply Chain Using Differential Evolution Algorithm |
| title_sort | optimization of raw material inventory costs in the food supply chain using differential evolution algorithm |
| topic | Differential evolution algorithm inventory optimization raw materials optimization food supply chain |
| url | https://doi.org/10.1051/e3sconf/20187313016 |
| work_keys_str_mv | AT priymasiwimarahuriga optimizationofrawmaterialinventorycostsinthefoodsupplychainusingdifferentialevolutionalgorithm AT mustafid optimizationofrawmaterialinventorycostsinthefoodsupplychainusingdifferentialevolutionalgorithm |