Colonial Competitive Algorithm as a Tool for Nash Equilibrium Point Achievement
ICCSA '08 Proceedings of the international conference on Computational Science and Its Applications, Part II
Expert Systems with Applications: An International Journal
Manufacturer-retailer supply chain coordination: A bi-level programming approach
Advances in Engineering Software
Robotics and Computer-Integrated Manufacturing
Imperialist competitive algorithm for solving systems of nonlinear equations
Computers & Mathematics with Applications
Engineering Applications of Artificial Intelligence
Hi-index | 12.05 |
The integrated product mix-outsourcing optimization is a major problem in manufacturing enterprise. Generally, heuristic or meta-heuristic solution approaches are used to optimize such problems. Heuristic approaches for these problems include Theory of Constraints (TOC) and Standard Accounting. Sometimes heuristic approaches are inefficient especially in large problems and instead, in these cases meta-heuristic algorithms have been applied extensively. In this paper a novel meta-heuristic algorithm ''Imperialist Competitive Algorithm'' (ICA) is applied to solve the integrated product mix-outsourcing optimization problem. Also, the results obtained from ICA are compared with the results of TOC and Standard Accounting approaches.