Fast inventory matching algorithm for the process industry

Abstract

A fast computer implemented method generates near-optimal solutions to the multi-objective inventory matching problem by solving for multiple objectives simultaneously and generating multiple non-dominating solutions. The method implements a multi-assignment backjumping algorithm that consists of three steps. The first step is a rappeling step in which a feasible solution is created by applying Iterative Bipartite Matching and maximum flow algorithm. Near-optimal feasible solutions are stored in a non dominated set. The second step is to use a multi-key sort to identify undesirable matches in a given feasible solution. The third step is backlifting the solution by removing undesirable matches from the feasible solution and places those undesirable matches on a no good set of matches. If the feasible solution is non-dominated, a copy is stored in a non-dominated set. The feasible solution is finally provided as input to the repelling step.