DocumentCode
724360
Title
An optimal order quantity model for multi-products with uncertain arrival time
Author
Shu-an Liu ; Weiwei Zhao ; Donghua Chu
Author_Institution
Fac. of Inf. Sci. & Eng., Northeastern Univ., Shenyang, China
fYear
2015
fDate
23-25 May 2015
Firstpage
3832
Lastpage
3837
Abstract
Based on the analysis and summary of the features of supply chain components as well as the sales company itself, the problem of allocating order quantity of multi-products in several periods with an uncertain arrival time is investigated for a sales company. A concept of random fuzzy arrival rate is proposed to describe the uncertainty of the arrival time effectively, and the customer satisfaction is guaranteed by a transfer strategy. Considering all the factors including order costs, inventory costs, and transfer costs, a random fuzzy optimal order quantity model of multi-products with uncertain arrival time is established to minimize the total costs with constraints of purchase quantity, inventory capacity and current capitals based on the random fuzzy theory in uncertain theory. The multi-products optimal order quantity model with a random fuzzy variable is transferred into a random fuzzy expected value model to calculate the solutions. Genetic Algorithm is employed to solve the problem according to the characteristics and complexity of the solution. Simulation experiments were conducted using practical data of a sales company, and the results verified the effectiveness and efficiency of the proposed model and the solving algorithm.
Keywords
customer satisfaction; fuzzy set theory; genetic algorithms; order processing; random processes; sales management; supply chain management; customer satisfaction; genetic algorithm; inventory capacity; inventory costs; multiproduct order quantity allocation; multiproducts with uncertain arrival time; order costs; purchase quantity; random fuzzy arrival rate; random fuzzy expected value model; random fuzzy optimal order quantity model; sales company; supply chain components; transfer costs; transfer strategy; uncertain theory; Analytical models; Companies; Data models; Mathematical model; Optimization; Supply chains; Uncertainty; Economic Order Quantity; Genetic Algorithm; Random Fuzzy Expected Value Model; Uncertain Theory;
fLanguage
English
Publisher
ieee
Conference_Titel
Control and Decision Conference (CCDC), 2015 27th Chinese
Conference_Location
Qingdao
Print_ISBN
978-1-4799-7016-2
Type
conf
DOI
10.1109/CCDC.2015.7162593
Filename
7162593
Link To Document