Generating an optimized supplier allocation plan

A computer-implemented method, comprising:

• generating, using a mathematical model module based on data retrieved from a database, a mathematical model that represents objectives of an allocation plan by at least two objective functions, a supply quantity by a part variable, and a supply cost by a cost function;
• solving, using a solver, the mathematical model for the at least two objective functions and restricted by one or more first constraints by:
• weighting one or more values of a first objective function of the at least two objective functions;
• weighting one or more values of a second objective function of the at least two objective functions;
• and
• solving a combined objective function comprising weighted first and second objective functions;
• and
• calculating, using an object model module, a quantity of parts to procure from at least one supplier based on the part variable of the solved mathematical model, wherein the mathematical model module, the solver and the object model module further comprise JAVA BEAN components residing in a container.

A non-transitory computer-readable medium embodied with software, the software when executed by a computer, the computer comprising a processor and memory:

• generates, using a mathematical model module based on data retrieved from a database, a mathematical model that represents objectives of an allocation plan by at least two objective functions, a supply quantity by a part variable, and a supply cost by a cost function;
• solves, using a solver, the mathematical model for the at least two objective functions and restricted by one or more first constraints by:
• weighting one or more values of a first objective function of the at least two objective functions;
• weighting one or more values of a second objective function of the at least two objective functions;
• and
• solving a combined objective function comprising weighted first and second objective functions;
• and
• calculates, using an object model module, a quantity of parts to procure from at least one supplier based on the part variable of the solved mathematical model, wherein the mathematical model module, the solver and the object model module further comprise JAVA BEAN components residing in a container.