• 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