An Optimization Model for Inventory System based on Supply-demand Balance
Qingsong Jiang, Wei Xing
Available Online August 2015.
- https://doi.org/10.2991/msam-15.2015.37How to use a DOI?
- supply-demand balance; inventory system; optimization model
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
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 - 2015 International Conference on Modeling, Simulation and Applied Mathematics PB - Atlantis Press SN - 1951-6851 UR - https://doi.org/10.2991/msam-15.2015.37 DO - https://doi.org/10.2991/msam-15.2015.37 ID - Jiang2015/08 ER -