Multi-Objective Production Cost Control and Strategy Optimization Using Whale Optimization Algorithm

As competition in the global electronics manufacturing industry intensifies and market demands evolve, enterprises face the urgent challenge of minimizing production costs while ensuring product quality, and enhancing their competitiveness. This paper focuses on the issue of defective rates in spare parts 1, spare parts 2, and finished products during the electronics production process. It constructs a comprehensive optimization model for production testing and disassembling. The objective is to help enterprises maximize profits and reduce production costs by optimizing testing and disassembling strategies for spare parts and finished products and managing unqualified products effectively through disassembling or discarding. In this paper, we propose the following hypotheses: the probability of spare part i being tested is denoted as , the probability of a finished product being tested is denoted as P, and the disassembly rate of unqualified products is denoted as . Utilizing the Whale Optimization Algorithm (WOA), this paper establishes a multi-objective optimization model to seek the optimal strategy in the production process. Our findings indicate that, in scenario 4, testing spare parts and finished products but not disassembling unqualified finished products yields the optimal solution. The total expected cost under this strategy is approximately 29.99 yuan.

Authors

Institutions

Publication Details

Journal
Highlights in Business Economics and Management
Published
2025-02-27
DOI
https://doi.org/10.54097/txwmgw70
Primary Topic
Scheduling and Optimization Algorithms
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Multi-Objective Production Cost Control and Strategy Optimization Using Whale Optimization Algorithm

Haoxiang Yang, Weihao Li, Xiaotong Ding
2 links
Highlights in Business Economics and Management
Scheduling and Optimization Algorithms
article

Multi-Objective Production Cost Control and Strategy Optimization Using Whale Optimization Algorithm

Haoxiang Yang, Weihao Li, Xiaotong Ding
article en

Abstract

As competition in the global electronics manufacturing industry intensifies and market demands evolve, enterprises face the urgent challenge of minimizing production costs while ensuring product quality, and enhancing their competitiveness. This paper focuses on the issue of defective rates in spare parts 1, spare parts 2, and finished products during the electronics production process. It constructs a comprehensive optimization model for production testing and disassembling. The objective is to help enterprises maximize profits and reduce production costs by optimizing testing and disassembling strategies for spare parts and finished products and managing unqualified products effectively through disassembling or discarding. In this paper, we propose the following hypotheses: the probability of spare part i being tested is denoted as , the probability of a finished product being tested is denoted as P, and the disassembly rate of unqualified products is denoted as . Utilizing the Whale Optimization Algorithm (WOA), this paper establishes a multi-objective optimization model to seek the optimal strategy in the production process. Our findings indicate that, in scenario 4, testing spare parts and finished products but not disassembling unqualified finished products yields the optimal solution. The total expected cost under this strategy is approximately 29.99 yuan.

Highlights in Business Economics and ManagementVol. 51
Nanjing Audit University (CN)
Openalex Percentile: Top 90%
Scheduling and Optimization Algorithms
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.