eprintid: 550 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/00/05/50 datestamp: 2023-11-09 15:48:41 lastmod: 2023-11-09 15:48:41 status_changed: 2023-11-09 15:22:42 type: conference_item metadata_visibility: show creators_name: Tsoulos, I.G. creators_name: Vasant, P. title: Product mix selection using an evolutionary technique ispublished: pub note: cited By 18; Conference of 2nd Global Conference on Power Control and Optimization, PCO'2009 ; Conference Date: 1 June 2009 Through 3 June 2009 abstract: This paper proposes an evolutionary technique for the solution of a real - life industrial problem and particular for the product mix selection problem. The evolutionary technique is a combination of a genetic algorithm that preserves the feasibility of the trial solutions with penalties and some local optimization method. The goal of this paper has been achieved in finding the best near optimal solution for the profit fitness function respect to vagueness factor and level of satisfaction. The findings of the profit values will be very useful for the decision makers in the industrial engineering sector for the implementation purpose. It's possible to improve the solutions obtained in this study by employing other meta-heuristic methods such as simulated annealing, tabu Search, ant colony optimization, particle swarm optimization and artificial immune systems. © 2009 American Institute of Physics. date: 2009 official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-77956040263&doi=10.1063%2f1.3223936&partnerID=40&md5=31405a949da719e51e44799829c39642 id_number: 10.1063/1.3223936 full_text_status: none publication: AIP Conference Proceedings volume: 1159 place_of_pub: Bali pagerange: 240-247 refereed: TRUE isbn: 9780735406964 issn: 0094243X citation: Tsoulos, I.G. and Vasant, P. (2009) Product mix selection using an evolutionary technique. In: UNSPECIFIED.