Attending academic conference

Rungchat Chompu-inwai and Trasapong Thaiupathump from Chiang Mai University attended the 12th International Conference on Industrial Technology and Management which was held in Cambridge, United Kingdom on the February 16-18, 2023.

The article "Applying Genetic Algorithm in ABC Analysis for Jewelry Raw Material Inventory Management" is awaiting publication in Scopus. In presented study, Genetic Algorithm was used in ABC Analysis for Jewelry Raw Material Inventory Management in the case study company which is a small jewelry company in Thailand. GA that accounts for multiple criteria in its fitness function evaluation was used in the classification process, in an attempt to find a solution that minimized the overall inventory cost of a gold tube inventory dataset belonging to a jewelry company in Thailand.

The company under study needs these three groups to provide different inventory policies based on their importance.