A Hybrid PSO Algorithm for Integrated Surplus Products Matching Problem in Iron and Steel Enterprises

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With consideration of three important product types, cold trip, hot strip, and slab, this paper concentrates on the integrated surplus products matching problem (ISPMP) in iron and steel enterprises. A mathematical model is built to maximize satisfied demand and the amount of fulfilled orders while minimizing total involved cost. A PSO based algorithm is proposed into which a neighborhood search procedure is embedded to speed up the convergence. The computational tests show that the hybrid algorithm has good performance.

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1898-1903

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September 2013

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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