Stochastic operation models for open inventory networks

Stochastic operation models for open inventory networks

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Article ID: iaor20002628
Country: India
Volume: 20
Issue: 3
Start Page Number: 347
End Page Number: 363
Publication Date: Sep 1999
Journal: Journal of Information & Optimization Sciences
Authors: ,
Keywords: genetic algorithms
Abstract:

Open inventory networks have been modelled by dynamic fuzzy criterion models. This paper recasts the open inventory network models as some stochastic operation models based on chance constrained programming and dependent-chance programming according to the different purposes of management. Finally, some illustrative examples are discussed and solved by stochastic simulation based genetic algorithms.

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