A genetic algorithm for capital budgeting problem with fuzzy parameters

When an organization utilizes modern technology in its manufacturing process, it needs to update and upgrade its facilities repetitively by efficient ways to stay with great productivity along with efficiency so. Capital Budgeting (CB) problem is one of the most important issues in decision makings about capital in the manufacturing management. Sometimes all variables and parameters are not necessarily deterministic and enough experiments are not available. Current study develops a chance constrained integer programming in the fuzzy environment for capital budgeting. Considering the complexity theory, a good answer could not be found in reasonable time, so that an intelligent Genetic Algorithm (GA) as a metaheuristic approach is provided to trace this problem with satisfying solutions. Thereupon, a fuzzy simulation-based genetic algorithm is provided for solving chance constrained integer programming model with fuzzy parameters

Supply interruption supply chain network model with uncertain demand: an application of chance-constrained programming with fuzzy parameters

The downstream supply interruption of manufacturers is a disaster for the company when the demand is uncertain in the market; a fuzzy programming with fuzzy parameters model of supply interruption supply chain network is established by simulating market operation rules. The aim of the current study is to build a fuzzy chance-constrained programming method which is developed for supporting the uncertainty of demand. This method ensured that the fuzzy constraints can be satisfied at specified confidence levels, leading to cost-effective solutions under acceptable risk magnitudes. Finally, through the case of the electronic product manufacturing enterprise, the feasibility and effectiveness of the proposed model are verified by adopting a sensitivity analysis of capacity loss level and minimizing objective function. Numerical simulation shows that selecting two manufacturing centers can effectively reduce the supply chain cost and maintain business continuity

The Project Scheduling Problem with Non-Deterministic Activities Duration: A Literature Review

Purpose: The goal of this article is to provide an extensive literature review of the models and solution procedures proposed by many researchers interested on the Project Scheduling Problem with nondeterministic activities duration. Design/methodology/approach: This paper presents an exhaustive literature review, identifying the existing models where the activities duration were taken as uncertain or random parameters. In order to get published articles since 1996, was employed the Scopus database. The articles were selected on the basis of reviews of abstracts, methodologies, and conclusions. The results were classified according to following characteristics: year of publication, mathematical representation of the activities duration, solution techniques applied, and type of problem solved. Findings: Genetic Algorithms (GA) was pointed out as the main solution technique employed by researchers, and the Resource-Constrained Project Scheduling Problem (RCPSP) as the most studied type of problem. On the other hand, the application of new solution techniques, and the possibility of incorporating traditional methods into new PSP variants was presented as research trends. Originality/value: This literature review contents not only a descriptive analysis of the published articles but also a statistical information section in order to examine the state of the research activity carried out in relation to the Project Scheduling Problem with non-deterministic activities duration.Peer Reviewe

Fuzzy Chance-constrained Programming Based Security Information Optimization for Low Probability of Identification Enhancement in Radar Network Systems

In this paper, the problem of low probability of identification (LPID) improvement for radar network systems is investigated. Firstly, the security information is derived to evaluate the LPID performance for radar network. Then, without any prior knowledge of hostile intercept receiver, a novel fuzzy chance-constrained programming (FCCP) based security information optimization scheme is presented to achieve enhanced LPID performance in radar network systems, which focuses on minimizing the achievable mutual information (MI) at interceptor, while the attainable MI outage probability at radar network is enforced to be greater than a specified confidence level. Regarding to the complexity and uncertainty of electromagnetic environment in the modern battlefield, the trapezoidal fuzzy number is used to describe the threshold of achievable MI at radar network based on the credibility theory. Finally, the FCCP model is transformed to a crisp equivalent form with the property of trapezoidal fuzzy number. Numerical simulation results demonstrating the performance of the proposed strategy are provided

Strict Solution Method for Linear Programming Problem with Ellipsoidal Distributions under Fuzziness

This paper considers a linear programming problem with ellipsoidal distributions including fuzziness. Since this problem is not well-defined due to randomness and fuzziness, it is hard to solve it directly. Therefore, introducing chance constraints, fuzzy goals and possibility measures, the proposed model is transformed into the deterministic equivalent problems. Furthermore, since it is difficult to solve the main problem analytically and efficiently due to nonlinear programming, the solution method is constructed introducing an appropriate parameter and performing the equivalent transformations

Enhanced genetic algorithm-based fuzzy multiobjective strategy to multiproduct batch plant design

This paper addresses the problem of the optimal design of batch plants with imprecise demands in product amounts. The design of such plants necessary involves how equipment may be utilized, which means that plant scheduling and production must constitute a basic part of the design problem. Rather than resorting to a traditional probabilistic approach for modeling the imprecision on product demands, this work proposes an alternative treatment by using fuzzy concepts. The design problem is tackled by introducing a new approach based on a multiobjective genetic algorithm, combined wit the fuzzy set theory for computing the objectives as fuzzy quantities. The problem takes into account simultaneous maximization of the fuzzy net present value and of two other performance criteria, i.e. the production delay/advance and a flexibility index. The delay/advance objective is computed by comparing the fuzzy production time for the products to a given fuzzy time horizon, and the flexibility index represents the additional fuzzy production that the plant would be able to produce. The multiobjective optimization provides the Pareto's front which is a set of scenarios that are helpful for guiding the decision's maker in its final choices. About the solution procedure, a genetic algorithm was implemented since it is particularly well-suited to take into account the arithmetic of fuzzy numbers. Furthermore because a genetic algorithm is working on populations of potential solutions, this type of procedure is well adapted for multiobjective optimization