Generating an optimized supplier allocation plan

Details Generating an optimized supplier allocation plan Generating an optimized supplier allocation plan

2002-03-01

2008-03-11

Rudy, Andrew Joseph (Department: 3627)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Health care management

C705S028000

Reexamination Certificate

active

07343311

ABSTRACT:
Generating an optimized supplier allocation plan includes identifying parts and suppliers associated with an allocation problem, where each supplier can supply at least one part. One or more objective functions are selected. Each objective function has part variables, and each part variable represents a quantity of a part to be procured from a supplier. At least one constraint constraining at least one part variable is received. The one or more objective functions are optimized with respect to the at least one constraint to yield a value for each part variable. A quantity of each part to be procured from at least one supplier is determined according to the values to generate the optimized supplier allocation plan.

REFERENCES:
patent: 6751597 (2004-06-01), Brodsky et al.
patent: 2002/0156663 (2002-10-01), Weber et al.
patent: 2003/0149613 (2003-08-01), Cohen et al.
patent: 2004/0230413 (2004-11-01), Chen
Deb, Kalyanmoy, “Multi-Objective Optimization using Evolutionary Algorithms”, 2001, John Wiley and Sons.

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