A Modified Simulated Annealing (MSA) Algorithm to Solve the Supplier Selection and Order Quantity Allocation Problem with Non-Linear Freight Rates
Economic Order Quantity (EOQ) is an important optimization problem for inventory management with an impact on various industries; however, their mathematical models may be complex with non-convex, non-linear, and non-differentiable objective functions. Metaheuristic algorithms have emerged as powerf...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-05-01
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| Series: | Axioms |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2075-1680/12/5/459 |