Inventory Management with Uncertain Demands Based on Probability Methods

Nai Wen Liang

doi:10.4028/www.scientific.net/AMM.121-126.2064

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 121-126Inventory Management with Uncertain Demands Based...

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.

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Periodical:

Applied Mechanics and Materials (Volumes 121-126)

Pages:

2064-2066

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.121-126.2064

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Online since:

October 2011

Authors:

Nai Wen Liang

Keywords:

Inventory Management, Probability Methods, Uncertain Demands

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References

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