A LOCAL SEARCH ALGORITHM FOR THE INVENTORY MATCHING PROBLEM IN A STEEL COMPANY

Abstract The problem studied is the selection of slabs from a slab yard for the hot rolling program in a steel company, with the objective of minimizing and balancing the incurred workload on the slab yard. A local search algorithm in a constraint programming environment is developed. This local search has two iterative phases: descent into and escape from local optima. Computational experiments show savings of 40 percent and more compared to the currently used greedy search.