Decision Criteria and Optimal Inventory Processes

Liu, Baoding; Esogbue, Augustine O.

ISBN 10: 0792384687 / ISBN 13: 9780792384687

Editore: Kluwer Academic Publishers, 1999

Provides a theoretical and practical introduction to decision criteria and inventory processes. This title presents Inventory theory by focusing on the analysis and processes underlying decision criteria. It pays special attention to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models. Series: International Series in Operations Research & Management Science. Num Pages: 210 pages, biography. BIC Classification: KJMV9; KJT. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156 x 14. Weight in Grams: 498. . 1999. Hardback. . . . . Books ship from the US and Ireland. Codice articolo V9780792384687

Riassunto:

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 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. The text pays special attention to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models, thus opening up a way of injecting the 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 should find numerous new ideas and strategies for modelling real-world multi-stage inventory problems, and researchers and applied mathematicians should find this work a 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: Kluwer Academic Publishers
Data di pubblicazione: 1999
Legatura: Rilegato
Condizione: New