A Hybrid Discrete Bat Algorithm with Krill Herd-based advanced planning and scheduling tool for the capital goods industry

Capital goods companies produce high value products such as power plant or ships, which have deep and complex product structures, with components having long process routings. Contracts usually include substantial penalties for late delivery. The high value of items can lead to substantial holding costs. Efficient schedules minimise earliness and tardiness costs and need to satisfy assembly and operation precedence constraints as well as finite...