An interactive particle swarm optimisation for selecting a product family and designing its supply chain

S. R. Yadav, Yogesh Dashora, Ravi Shankar, Tung Sun Chan, M. K. Tiwari

Research output: Journal article publicationJournal articleAcademic researchpeer-review

15 Citations (Scopus)

Abstract

A platform-based product development with mixed market-modular strategy can maintain product differentiation and help trade-off the cost and price premium drawing capability. This paper formulates a multi-objective problem to select a product family and design its supply chain and uses an Interactive Particle Swarm Optimisation (IPSO) approach. A case study for a wiring harness supplier of an Automated Guided Vehicle (AGV) manufacturer is considered and IPSO is implemented to solve it. The results establish that the platform-based product development serves the purpose of maintaining market diversity with near optimal cost and profits; more explorative insights are concern of future research.
Original languageEnglish
Pages (from-to)168-186
Number of pages19
JournalInternational Journal of Computer Applications in Technology
Volume31
Issue number3-4
DOIs
Publication statusPublished - 1 May 2008
Externally publishedYes

Keywords

  • Modules
  • Platform-based product development
  • Process flexibility
  • Product family
  • Supply chain

ASJC Scopus subject areas

  • Software
  • Information Systems
  • Computer Science Applications
  • Computer Networks and Communications
  • Industrial and Manufacturing Engineering
  • Electrical and Electronic Engineering

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