Design and application of genetic algorithm based on signal game and newsboy model for optimizing supply chain (Q2232681)

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scientific article; zbMATH DE number 7407981
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    Design and application of genetic algorithm based on signal game and newsboy model for optimizing supply chain
    scientific article; zbMATH DE number 7407981

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      Design and application of genetic algorithm based on signal game and newsboy model for optimizing supply chain (English)
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      8 October 2021
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      Summary: Reasonable communication and cooperation between enterprises are helpful for the efficient operation of a supply chain. To explore the maximum utility of an entire supply chain, we propose a supplier-manufacturer-seller supply-chain game decision-making model. We use the model as the fitness function of a genetic algorithm that calculates the optimal solution and optimizes the total utility parameters. We analyze the theoretical and practical properties of the supply-chain optimization process and implement it in MATLAB, which provides quantitative support and useful references for making business decisions and optimally managing a supply chain.
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