RFID technology investment evaluation model for the stochastic joint replenishment and delivery problem
Propose a practical RFID investment based stochastic joint replenishment and delivery model firstly. Design an effective differential evolutionary (DE) algorithm to find the best cycle time of each item, cycle time and delivery route, simultaneously. The advantage of RFID-based JRD was verified by comparing with the JRD model without RFID technology. Experiment results show great benefits can be obtained with the proper RFID investment scale.
joint replenishment and delivery rfid investment differential evolution algorithm