Title :
Research on the algorithms and key factors in optimizing supply chain inventory
Author :
Min Wu ; Kongyu Yang
Author_Institution :
Beijing Inf. Sci. & Technol. Univ., Beijing, China
Abstract :
The paper reviews the technology and methods used in optimizing supply chain inventory, and summarizes the common inventory optimization algorithms - the mathematical analysis and heuristic algorithms. At last, it points out the several key factors of optimizing supply chain inventory - the lead time, the credit of enterprises and the fuzzy level of some parameters during the optimization process, and indicates its trends.
Keywords :
inventory management; mathematical analysis; optimisation; supply chain management; enterprises credit; fuzzy level; heuristic algorithms; key factors; mathematical analysis; supply chain inventory optimization algorithm; Algorithm design and analysis; Educational institutions; Genetic algorithms; Heuristic algorithms; Modeling; Optimization; Supply chains;
Conference_Titel :
Advanced Computational Intelligence (ICACI), 2012 IEEE Fifth International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4673-1743-6
DOI :
10.1109/ICACI.2012.6463200
