Title :
Two-Warehouse Fuzzy Expected Value Inventory Model
Author :
Liu, Li-Hua ; Zeng, Ling
Author_Institution :
Guangxi Univ. of Technol., Liuzhou
Abstract :
This paper presents a fuzzy programming method to design two-warehouse inventory model in which the demand demand velocity and the time of goods´s arrival are assume to be fuzzy parameter.We found fuzzy expected value programming with the Liu´s credibility theory for finding the optimal minimizing cost. Get the optimal order point and the minimizing cost from the hybrid intelligent algorithm provided that Fuzzy simulation, NN and GA. Finally give the example.
Keywords :
cost reduction; fuzzy set theory; inventory management; mathematical programming; minimisation; warehousing; Liu credibility theory; demand velocity; fuzzy programming method; fuzzy simulation; goods arrival time; intelligent algorithm; optimal cost minimization; optimal order quantity; two-warehouse fuzzy expected value inventory model; Cost function; Educational institutions; Fuzzy set theory; Fuzzy systems; Mathematical model; Mathematical programming; Mathematics; Production; Supply chains; Traffic control;
Conference_Titel :
Fuzzy Systems and Knowledge Discovery, 2007. FSKD 2007. Fourth International Conference on
Conference_Location :
Haikou
Print_ISBN :
978-0-7695-2874-8
DOI :
10.1109/FSKD.2007.596
