The Open Mechanical Engineering Journal

2015, 9 : 837-845
Published online 2015 October 7. DOI: 10.2174/1874155X01509010837
Publisher ID: TOMEJ-9-837

Cost Control of Material Substitution in Steel Enterprise

Ya-Jun Wang , Hui-Jie Yan , Zhang-Xuan Yin , Hao Zhang and Shi-Qi Wang
School of Mechanical Engineering of Dalian Polytechnic University, Dalian, 116034, China.

ABSTRACT

For dealing with cost control problems of material substitution in steel production process in make-to-order steel enterprise, we established the substitution rules of material substitution and built up the cost optimized controlling model for material substitution. The objective function of this model was to minimize the total cost of both stock and task lateness. We made use of Operations Research and Genetic Algorithm to solve this model. Finally, we also conducted the application research for the model and algorithm, and its promising future was revealed.

Keywords:

Cost control, material substitution, make to order, material substitution, steel enterprise.