Population Based Metaheuristic Algorithm Approach for Analysis of Multi-Item Multi-Period Procurement Lot Sizing Problem

Table 1

Variation of objective function value and time of execution with number of cycles.

Number of cycles	Objective function value (Rs)	Time of execution (Sec)
50	8382155	5
100	8255916	9
200	8101560	20
300	8094680	32
500	8088430	41
600	8082500	54
700	8082435	62
800	8082440	75
1000	8082440	90