Title
Multi-objective simulation-based evolutionary algorithm for an aircraft spare parts allocation problem
Abstract
Simulation optimization has received considerable attention from both simulation researchers and practitioners. In this study, we develop a solution framework which integrates multi-objective evolutionary algorithm (MOEA) with multi-objective computing budget allocation (MOCBA) method for the multi-objective simulation optimization problem. We apply it on a multi-objective aircraft spare parts allocation problem to find a set of non-dominated solutions. The problem has three features: huge search space, multi-objective, and high variability. To address these difficulties, the solution framework employs simulation to estimate the performance, MOEA to search for the more promising designs, and MOCBA algorithm to identify the non-dominated designs and efficiently allocate the simulation budget. Some computational experiments are carried out to test the effectiveness and performance of the proposed solution framework.
Year
DOI
Venue
2008
10.1016/j.ejor.2007.05.036
European Journal of Operational Research
Keywords
DocType
Volume
Multi-objective simulation optimization,Evolutionary computing,Multi-objective computing budget allocation,Pareto optimality,Spare parts inventory problem
Journal
189
Issue
ISSN
Citations 
2
0377-2217
26
PageRank 
References 
Authors
1.17
26
4
Name
Order
Citations
PageRank
Loo Hay Lee1115993.96
Ek Peng Chew245944.07
Suyan Teng31136.92
Yankai Chen4341.83