Inventory Management with Uncertain Demands Based on Probability Methods
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.
Dongye Sun, Wen-Pei Sung and Ran Chen
N. W. Liang "Inventory Management with Uncertain Demands Based on Probability Methods", Applied Mechanics and Materials, Vols. 121-126, pp. 2064-2066, 2012