Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain
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 functio...
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Format: | Article |
Language: | English |
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Wiley
2021-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2021/6144258 |
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author | Yue Zhao Yang Shen Jiaqi Yan |
author_facet | Yue Zhao Yang Shen Jiaqi Yan |
author_sort | Yue Zhao |
collection | DOAJ |
description | 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. |
format | Article |
id | doaj-art-a12ebe69b2eb455baffcce76022896e1 |
institution | Kabale University |
issn | 1026-0226 1607-887X |
language | English |
publishDate | 2021-01-01 |
publisher | Wiley |
record_format | Article |
series | Discrete Dynamics in Nature and Society |
spelling | doaj-art-a12ebe69b2eb455baffcce76022896e12025-02-03T01:24:42ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2021-01-01202110.1155/2021/61442586144258Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply ChainYue Zhao0Yang Shen1Jiaqi Yan2School of Journalism and Communication, Tsinghua University, Beijing 100084, ChinaSchool of Journalism and Communication, Tsinghua University, Beijing 100084, ChinaSchool of Journalism and Communication, Tsinghua University, Beijing 100084, ChinaReasonable 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.http://dx.doi.org/10.1155/2021/6144258 |
spellingShingle | Yue Zhao Yang Shen Jiaqi Yan Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain Discrete Dynamics in Nature and Society |
title | Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain |
title_full | Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain |
title_fullStr | Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain |
title_full_unstemmed | Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain |
title_short | Design and Application of Genetic Algorithm Based on Signal Game and Newsboy Model for Optimizing Supply Chain |
title_sort | design and application of genetic algorithm based on signal game and newsboy model for optimizing supply chain |
url | http://dx.doi.org/10.1155/2021/6144258 |
work_keys_str_mv | AT yuezhao designandapplicationofgeneticalgorithmbasedonsignalgameandnewsboymodelforoptimizingsupplychain AT yangshen designandapplicationofgeneticalgorithmbasedonsignalgameandnewsboymodelforoptimizingsupplychain AT jiaqiyan designandapplicationofgeneticalgorithmbasedonsignalgameandnewsboymodelforoptimizingsupplychain |