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Generalizing an Optimized Supplier Allocation Plan

  • US 20110125470A1
  • Filed: 02/04/2011
  • Published: 05/26/2011
  • Est. Priority Date: 03/01/2002
  • Status: Active Grant
First Claim
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1. A method of generating an optimized supplier allocation plan, comprising:

  • initiating, by a computer, an object model that describes an allocation problem;

    generating, by the computer, a mathematical model from the object model, the mathematical model comprising multiple objective functions that represent multiple objectives to be optimized;

    optimizing, by the computer, each of the multiple objective functions to determine a corresponding normalization factor;

    generating, by the computer, a combined objective function using each of the multiple objective functions normalized by the corresponding normalization factor and weighted by a corresponding weighting factor;

    receiving, by the computer, one or more constraints that restrict the optimization of the combined objective function;

    optimizing, by the computer, the combined objective function with respect to the one or more constraints; and

    solving, by the computer, the mathematical model to yield an optimized solution to the allocation problem based on the optimization of the combined objective function.

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