Decision Criteria and Optimal Inventory Processes

Liu, Baoding; Esogbue, Augustine O.

ISBN 10: 146137345X / ISBN 13: 9781461373452

Editore: Springer-Verlag New York Inc., 2012

Series: International Series in Operations Research & Management Science. Num Pages: 210 pages, biography. BIC Classification: KJT; PBCD; PBT. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 12. Weight in Grams: 355. . 2012. Softcover reprint of the original 1st ed. 1999. Paperback. . . . . Codice articolo V9781461373452

Riassunto:

Decision Criteria and Optimal Inventory Processes provides a theoretical and practical introduction to decision criteria and inventory processes. Inventory theory is presented by focusing on the analysis and processes underlying decision criteria. Included are many state-of-the-art criterion models as background material. These models are extended to the authors' newly developed fuzzy criterion models which constitute a general framework for the study of stochastic inventory models with special focus on the real world inventory theoretic reservoir operations problems. The applications of fuzzy criterion dynamic programming models are illustrated by reservoir operations including the integrated network of reservoir operation and the open inventory network problems.
An interesting feature of this book is the special attention it pays to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models, thus opening up a new way of injecting the much-needed type of non-cost, intuitive, and easy-to-use methods into multi-stage inventory processes. This is accomplished by constructing and optimizing the fuzzy criterion models developed for inventory processes.
Practitioners in operations research, management science, and engineering will find numerous new ideas and strategies for modeling real world multi- stage inventory problems, and researchers and applied mathematicians will find this work a stimulating and useful reference.

Contenuti: Preface. 1. Introduction. 2. Economic Criterion Models. 3. Multidimensional Economic Criterion Models. 4. Bayesian Solutions of Economic Criterion Models. 5. Minimax Solutions of Economic Criterion Models. 6. Probability Criterion Models. 7. Multistage Game with Probability Criterion. 8. Fuzzy Criterion Decision Processes. 9. Multidimensional Fuzzy Criterion Dynamic Programming. 10. Further Research and Extensions. Appendix: A.1. Compact and Convex Sets. A.2. Continuous and Convex Functions. A.3. Convergence of Sequence. A.4. Borel Functions and Optimization. Bibliography. Index.

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Titolo: Decision Criteria and Optimal Inventory ...
Casa editrice: Springer-Verlag New York Inc.
Data di pubblicazione: 2012
Legatura: Brossura
Condizione: New