Paper Title:
Inventory Management with Uncertain Demands Based on Probability Methods
  Abstract

The inventory management problem with uncertain demands is considered in this paper. the possibility theory and credibility theory are employed to solve the problem regarding uncertain demands, and different order strategies and storage strategies according to the different customer’s demand are designed for rational inventory management. Finally, a rule is designed for choosing the storage strategy.

  Info
Periodical
Chapter
Chapter 4: Mechatronics and Information
Edited by
Dongye Sun, Wen-Pei Sung and Ran Chen
Pages
2064-2066
DOI
10.4028/www.scientific.net/AMM.121-126.2064
Citation
N. W. Liang, "Inventory Management with Uncertain Demands Based on Probability Methods", Applied Mechanics and Materials, Vols. 121-126, pp. 2064-2066, 2012
Online since
October 2011
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Price
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