International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Research Paper | Management | India | Volume 6 Issue 7, July 2017


Managing Cost Uncertainty in Production Using Genetic Algorithm

Dr. Niju. P. Joseph | Redha Jasim Shaker


Abstract: Efficient and effective management of production cost is carried out by identifying the uncertainty in production planning in supply chain. Thus the determination of the uncertainty factors at various levels in a supply chain becomes inevitable so as to ensure minimal Cost for the manufacturing process. Minimizing the total supply chain cost is meant for minimizing labour, material and minimizing cost in the entire supply chain.


Keywords: Genetic Algorithm, Production


Edition: Volume 6 Issue 7, July 2017,


Pages: 163 - 167


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