Stochastic Optimization of Inventory Control

被引:0
作者
Ouyang, Xiaoxun [1 ]
机构
[1] Hunan Univ Commerce, Sch Management, Changsha 410205, Hunan, Peoples R China
来源
INFORMATION TECHNOLOGY FOR MANUFACTURING SYSTEMS II, PTS 1-3 | 2011年 / 58-60卷
关键词
Inventory control; Stochastic disturbance; Ito SDE; Stochastic optimization; INVESTMENT MODEL;
D O I
10.4028/www.scientific.net/AMM.58-60.2063
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
In this paper, we focus on the interaction between inventory investment and market demand, and consequent effect on discount profit when stochastic disturbance is introduced into the system. To this end, we set up optimal decision-making models on inventory cross-time management, in which inventory is considered as firms investment and Market demand follows Ito SDE, as well as inventory investment. Helpful results and three propositions are obtained.
引用
收藏
页码:2063 / 2067
页数:5
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