Modified Gannet Optimization Algorithm for Reducing System Operation Cost in Engine Parts Industry with Pooling Management and Transport Optimization

Abstract

Due to the emergence of technology, electric motors (EMs), an essential part of electric vehicles (which basically act as engines), have become a pivotal component in modern industries. Monitoring the spare parts of EMs is critical for stabilizing and managing industrial parts. Generally, the engine or motor parts are delivered to factories using packing boxes (PBs). This is mainly achieved via a pooling center that manages the operation and transportation costs. Nevertheless, this process has some drawbacks, such as a high power train, bad press, and greater energy and time consumption, resulting in performance degradation. Suppliers generally take the parts from one place and deliver them to the other, which leads to more operation and transportation costs. Instead, it requires pooling centers to act as hubs, at which every supplier collects the material. This can mitigate the cost level. Moreover, choosing the placement of pooling centers is quite a challenging task. Different methods have been implemented; however, optimal results are still required to achieve better objectives. This paper introduces a novel concept for pooling management and transport optimization of engine parts to overcome the issues in traditional solution methodologies. The primary intention of this model is to deduce the total cost of the system operation and construction. Programming techniques for transporting the PBs, as well as for locating the pooling center, are determined with the aid of an objective function as a cost function. The location of the pooling center’s cost is optimized, and a Modified Gannet Optimization Algorithm (MGOA) is proposed. Using this method, the proposed model is validated over various matrices, and the results demonstrate its better efficiency rate.