DocumentCode
2758122
Title
An new approach for newsboy problem with fuzzy demand
Author
Hu, Jinsong ; Cui, Ling ; Li, Zengqiang ; Hu, Xiaogen ; Wu, Haixiang
Author_Institution
Dept. of Manage. Sci. & Eng., Qingdao Univ., Qingdao, China
fYear
2011
fDate
10-12 July 2011
Firstpage
362
Lastpage
366
Abstract
A sufficient condition that the expected value of function of fuzzy variable can be expressed as Lebesgue-Stieltjes integral is given via the credibility measure of fuzzy event. Based on the proposed sufficient condition, the expected sales, inventory and shortage amounts are derived. Therefore, the expected profit is established, its concavity is revealed. The optimal order condition is obtained. The special optimal order quantity conditions associated with various types of fuzzy demand are deduced. Finally, a numerical example is given to illustrate the order quantity conditions.
Keywords
fuzzy set theory; profitability; Lebesgue-Stieltjes integral; fuzzy demand; fuzzy event measurement; fuzzy variable; newsboy problem; optimal order quantity conditions; profit expectation; Analytical models; Europe; Programming; credibility measure; excepted value; fuzzy variable; newsboy problem;
fLanguage
English
Publisher
ieee
Conference_Titel
Intelligence and Security Informatics (ISI), 2011 IEEE International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4577-0082-8
Type
conf
DOI
10.1109/ISI.2011.5984115
Filename
5984115
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