Title :
Supply Analysis and Aggregation Systems
Author :
Merige, Jose M. ; Jian-Bo Yang ; Dong-ling Xu
Author_Institution :
Manchester Bus. Sch., Univ. of Manchester, Manchester, UK
Abstract :
The supply represents the available number of products of a specific variable. This paper presents a new approach for studying the supply through the use of aggregation systems. Its main advantage is that it permits to represent the information in a more complete way. Thus, it is possible to develop forecasting methods that consider optimistic and pessimistic scenarios and those that are more expected to occur. A wide range of aggregation operators are used giving special focus on the ordered weighted average (OWA). Several generalizations that use it with the weighted average and the probability are presented including the OWA weighted average (OWAWA) and the probabilistic OWAWA (POWAWA) operator. A numerical example is also presented.
Keywords :
forecasting theory; probability; supply chain management; OWA weighted average; POWAWA operator; aggregation operator; aggregation system; forecasting method; ordered weighted average; probabilistic OWAWA; supply analysis; Companies; Equations; Forecasting; Mathematical model; Open wireless architecture; Probabilistic logic; Vectors; Aggregation systems; OWA operator; Supply;
Conference_Titel :
Systems, Man, and Cybernetics (SMC), 2013 IEEE International Conference on
Conference_Location :
Manchester
DOI :
10.1109/SMC.2013.24