Service level and profit maximisation in order acceptance and scheduling problem with weighted tardiness Online publication date: Wed, 22-Feb-2023
by Mohammad Yavari; Amir Hosein Akbari
International Journal of Industrial and Systems Engineering (IJISE), Vol. 43, No. 3, 2023
Abstract: Traditional order acceptance and scheduling (OAS) problem focused on profit optimisation and the number of accepted orders has been only regarded as a constraint in the OAS model in a few research studies. The current paper investigates a bi-objective OAS problem to maximise profit and service level. There are two categories of regular and special orders in a single-machine environment. We have proposed a mixed integer linear program using goal programming. Due to the NP-hard nature of the problem, we have developed a simulated annealing-based heuristic to solve the problem, and a lower bound to assess its performance. Both single objective and bi-objective versions of the problem have been studied. Computational experiments demonstrate the ability of the proposed heuristic. The advantages and disadvantages of the proposed bi-objective OAS problem are discussed. Also, the relation between service level and profit objectives is studied in both problems with and without special orders.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Industrial and Systems Engineering (IJISE):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com