An Optimization Model for Inventory System based on Supply-demand Balance

DOI

10.2991/msam-15.2015.37How to use a DOI?

Keywords

supply-demand balance; inventory system; optimization model

Abstract

In order to investigate the inventory optimization of circulation enterprises, demand analysis was carried out firstly considering supply-demand balance. Then it was assumed that the demand process complied with mutually independent compound Poisson process. Based on this assumption, an optimization model for inventory control of circulation enterprises was established with the goal of minimizing the average total costs in unit time of inventory system. The research results have certain practical significance to the optimal management of the inventory system.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Qingsong Jiang
AU  - Wei Xing
PY  - 2015/08
DA  - 2015/08
TI  - An Optimization Model for Inventory System based on Supply-demand Balance
BT  - Proceedings of the 2015 International Conference on Modeling, Simulation and Applied Mathematics
PB  - Atlantis Press
SP  - 163
EP  - 167
SN  - 1951-6851
UR  - https://doi.org/10.2991/msam-15.2015.37
DO  - 10.2991/msam-15.2015.37
ID  - Jiang2015/08
ER  -