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

Yadav, S.R. ; Dashora, Yogesh ; Shankar, Ravi ; Chan, Felix. T.S. ; Tiwari, M.K. (2008) An interactive particle swarm optimisation for selecting a product family and designing its supply chain International Journal of Computer Applications in Technology, 31 (3/4). p. 168. ISSN 0952-8091

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Official URL: https://doi.org/10.1504/IJCAT.2008.018155

Related URL: http://dx.doi.org/10.1504/IJCAT.2008.018155

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.

Item Type:Article
Source:Copyright of this article belongs to Inderscience Enterprises Limited.
Keywords:Modular products; Platform-based product development; Process flexibility; Product families; Supply chain management; SCM; particle swarm optimisation; Interactive PSO; Product family selection; Supply chain design; Market strategy; Product differentiation; Wiring harness suppliers; Automated guided vehicles; AGVs.
ID Code:139827
Deposited On:29 Aug 2025 15:03
Last Modified:29 Aug 2025 15:03

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