Evaluate Multi-Objective Optimization Model for Product Supply Chain Inventory Control Based on Grey Wolf Algorithm

Enterprise supply chain inventory control plays a critical role in modern enterprise management. Yet achieving multi-objective optimization remains challenging. This paper proposes a deep learning integrated model based on grey wolf optimization (GWO-DLIM) aimed at optimizing inventory holding costs, stockout costs, and order costs. The model integrates multi-layer perceptron (MLP), DeBERTa, and GWO, leveraging the powerful predictive and feature extraction capabilities of deep learning models, combined with the global optimization ability of the grey wolf algorithm, to achieve multi-objective optimization. These results demonstrate that the GWO-DLIM model significantly outperforms other comparative models across all metrics, exhibiting lower prediction errors and root mean square errors, as well as higher service levels. This study provides an effective multi-objective optimization solution for supply chain inventory management, holding significant theoretical and practical implications.

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Publication Details

Journal
Journal of Organizational and End User Computing
Published
2024-11-15
DOI
https://doi.org/10.4018/joeuc.360350
Citations
11
Primary Topic
Supply Chain and Inventory Management
Type
article
Field-Weighted Citation Impact
5.81
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article

Evaluate Multi-Objective Optimization Model for Product Supply Chain Inventory Control Based on Grey Wolf Algorithm

Yinan Li, Xuan Zhang, Dilma Janete Fortes, Anabela Mour
11 citations
Journal of Organizational and End User Computing
Supply Chain and Inventory Management
5.81
article

Evaluate Multi-Objective Optimization Model for Product Supply Chain Inventory Control Based on Grey Wolf Algorithm

Yinan Li, Xuan Zhang, Dilma Janete Fortes, Anabela Mour
article en
11 citations

Abstract

Enterprise supply chain inventory control plays a critical role in modern enterprise management. Yet achieving multi-objective optimization remains challenging. This paper proposes a deep learning integrated model based on grey wolf optimization (GWO-DLIM) aimed at optimizing inventory holding costs, stockout costs, and order costs. The model integrates multi-layer perceptron (MLP), DeBERTa, and GWO, leveraging the powerful predictive and feature extraction capabilities of deep learning models, combined with the global optimization ability of the grey wolf algorithm, to achieve multi-objective optimization. These results demonstrate that the GWO-DLIM model significantly outperforms other comparative models across all metrics, exhibiting lower prediction errors and root mean square errors, as well as higher service levels. This study provides an effective multi-objective optimization solution for supply chain inventory management, holding significant theoretical and practical implications.

Journal of Organizational and End User ComputingVol. 36(1)
Universidade Politécnica de Viana do Castelo (PT), Southeast University (CN)
Openalex Percentile: Top 4%
Supply Chain and Inventory Management
5.81
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