On the use of reference points for the biobjective Inventory Routing Problem

Details On the use of reference points for the biobjective Inventory Routing Problem On the use of reference points for the biobjective Inventory Routing Problem

2011-09-14

arxiv.org/abs/1109.3094v1

Proceedings of the 9th Metaheuristics International Conference MIC 2011, July 25-28, 2011, Udine, Italy, Pages 141-149

Computer Science

Artificial Intelligence

Scientific paper

The article presents a study on the biobjective inventory routing problem. Contrary to most previous research, the problem is treated as a true multi-objective optimization problem, with the goal of identifying Pareto-optimal solutions. Due to the hardness of the problem at hand, a reference point based optimization approach is presented and implemented into an optimization and decision support system, which allows for the computation of a true subset of the optimal outcomes. Experimental investigation involving local search metaheuristics are conducted on benchmark data, and numerical results are reported and analyzed.

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