Decision Criteria and Optimal Inventory Processes

  • Baoding Liu
  • Augustine O. Esogbue

Part of the International Series in Operations Research & Management Science book series (ISOR, volume 20)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Baoding Liu, Augustine O. Esogbue
    Pages 1-34
  3. Baoding Liu, Augustine O. Esogbue
    Pages 35-60
  4. Baoding Liu, Augustine O. Esogbue
    Pages 61-73
  5. Baoding Liu, Augustine O. Esogbue
    Pages 75-84
  6. Baoding Liu, Augustine O. Esogbue
    Pages 85-93
  7. Baoding Liu, Augustine O. Esogbue
    Pages 95-110
  8. Baoding Liu, Augustine O. Esogbue
    Pages 111-124
  9. Baoding Liu, Augustine O. Esogbue
    Pages 125-158
  10. Baoding Liu, Augustine O. Esogbue
    Pages 159-180
  11. Baoding Liu, Augustine O. Esogbue
    Pages 181-188
  12. Back Matter
    Pages 189-210

About this book

Introduction

Decision Criteria and Optimal Inventory Processes provides a theoretical and practical introduction to decision criteria and inventory processes. Inventory theory is presented by focusing on the analysis and processes underlying decision criteria. Included are many state-of-the-art criterion models as background material. These models are extended to the authors' newly developed fuzzy criterion models which constitute a general framework for the study of stochastic inventory models with special focus on the real world inventory theoretic reservoir operations problems. The applications of fuzzy criterion dynamic programming models are illustrated by reservoir operations including the integrated network of reservoir operation and the open inventory network problems.
An interesting feature of this book is the special attention it pays to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models, thus opening up a new way of injecting the much-needed type of non-cost, intuitive, and easy-to-use methods into multi-stage inventory processes. This is accomplished by constructing and optimizing the fuzzy criterion models developed for inventory processes.
Practitioners in operations research, management science, and engineering will find numerous new ideas and strategies for modeling real world multi- stage inventory problems, and researchers and applied mathematicians will find this work a stimulating and useful reference.

Keywords

dynamic programming inventory management management science modeling operations research optimization

Authors and affiliations

  • Baoding Liu
    • 1
  • Augustine O. Esogbue
    • 2
  1. 1.Department of Applied MathematicsTsinghua UniversityBeijingChina
  2. 2.School of Industrial and Systems EngineeringGeorgia Institute of TechnologyAtlantaUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4615-5151-5
  • Copyright Information Kluwer Academic Publishers 1999
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-7345-2
  • Online ISBN 978-1-4615-5151-5
  • Series Print ISSN 0884-8289
  • About this book