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Generating an optimized supplier allocation plan

  • US 7,905,393 B2
  • Filed: 10/23/2007
  • Issued: 03/15/2011
  • Est. Priority Date: 03/01/2002
  • Status: Expired due to Fees
First Claim
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1. A system for generating an optimized supplier allocation plan, the system comprising one or more computer systems configured to:

  • initiate an object model that describes an allocation problem;

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

    optimize each of the multiple objective functions to determine a corresponding normalization factor;

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

    receive one or more constraints that restrict the optimization of the combined objective function;

    optimize the combined objective function with respect to the one or more constraints; and

    solve 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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