Decision and Evaluation of Ordering and Transshipment Schemes Based on Multi-objective Programming

Qihan Zhao, Wenwen Zhuang, Junfeng Yu, Ao Zhu, Jia Wang, Yanying Yan, Yinghao Chen, Muzhou Hou*

*Corresponding author for this work

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

1 Citation (Scopus)

Abstract

The decision-making and evaluation of raw material ordering and transportation schemes are common in the actual production process. This paper makes an in-depth study on the formulation of ordering and transportation schemes in the future. Firstly, this paper determines the four quantitative indicators of supplier compliance rate, stability, market reputation and raw material output-input ratio with mean square deviation to weight them, establishes TOPSIS comprehensive analysis and evaluation model, and obtains the list of the top five importance to the production guarantee of the enterprise. Then, the time series Arima prediction model is used to process the historical data of the supply volume of the top 50 suppliers and predict the supply volume corresponding to the next 24 weeks. The specific ordering and transshipment scheme is obtained by using the prediction value, the single objective function model of "minimum number of suppliers", double objective function model of "minimum number of suppliers + minimum cost", and the three objective function model of "minimum number of suppliers + minimum cost + minimum overall loss rate".

Original languageEnglish
Title of host publicationProceedings - 2021 5th International Conference on Data Science and Business Analytics, ICDSBA 2021
EditorsSrikanta Patnaik
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages474-478
Number of pages5
ISBN (Electronic)9781665445900
DOIs
Publication statusPublished - 2021
Event5th Annual International Conference on Data Science and Business Analytics, ICDSBA 2021 - Changsha, Hunan, China
Duration: 24 Sept 202126 Sept 2021

Publication series

NameProceedings - 2021 5th International Conference on Data Science and Business Analytics, ICDSBA 2021

Conference

Conference5th Annual International Conference on Data Science and Business Analytics, ICDSBA 2021
Country/TerritoryChina
CityChangsha, Hunan
Period24/09/2126/09/21

Keywords

  • 0-1 programming
  • KS test
  • TOPSIS model
  • multi-objective function solution
  • time series ARIMA model prediction

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