DocumentCode
1932255
Title
Infinitesimal Dividing Method: Solving Dual Suppliers Inventory Model with Random Lead Times
Author
Ji, Peng-cheng ; Song, Shi-ji ; Wu, Cheng
Author_Institution
Tsinghua Univ., Beijing
Volume
5
fYear
2007
fDate
19-22 Aug. 2007
Firstpage
2467
Lastpage
2472
Abstract
This paper devotes to the real-time statistic of the inventory quantities, and the infinitesimal dividing method is firstly presented to build the exact (Q,r) inventory model with random lead time. Then this model is extended to the case of dual suppliers procurement. The complexity of the modeling procedure is effectively reduced.
Keywords
inventory management; procurement; statistics; dual suppliers inventory model; dual suppliers procurement; infinitesimal dividing method; random lead times; real-time statistics; Automation; Costs; Cybernetics; Electronic mail; Machine learning; Procurement; Random variables; Safety; Statistics; Uncertainty; Dual suppliers; Infinitesimal dividing method; Inventory model; Random lead time;
fLanguage
English
Publisher
ieee
Conference_Titel
Machine Learning and Cybernetics, 2007 International Conference on
Conference_Location
Hong Kong
Print_ISBN
978-1-4244-0973-0
Electronic_ISBN
978-1-4244-0973-0
Type
conf
DOI
10.1109/ICMLC.2007.4370561
Filename
4370561
Link To Document