Abstract
The success of industrial companies is characterized by the efficient use of its resources. Most of decisions regarding to the efficient use of resources such as man, machine and material are subject to constraints. This paper considers a class of resource allocation problem named Product Mix Problem (PMP). The PMP is considered as an important production planning decision in the field of industrial engineering and management. The objective of this paper is to find the optimal quantities of different products that are required different amount of resources to maximize the return profit of a company where resources are limited. A Cuckoo Search Optimization (CSO) is proposed in this paper to as a methodology to search optimal solution. MATLAB Software is used to perform the proposed CSO method. Then, a comparative study between the CSO solution and existing solution in the literature is given. The simulations outcomes show the superiority of CSO over other methods.
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