A Stochastic Decision Support System for Economic Order Quantity Problem
Joint Authors
Ghazanfari, Mehdi
Yousefli, Amir
Source
Issue
Vol. 2012, Issue 2012 (31 Dec. 2012), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2012-11-11
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Information Technology and Computer Science
Abstract EN
Improving decisions efficiency is one of the major concerns of the decision support systems.
Specially in the uncertain environment, decision support systems could be implemented efficiently to simplify decision making process.
In this paper stochastic economic order quantity (EOQ) problem is investigated in which decision variables and objective function are uncertain in nature and optimum probability distribution functions of them are calculated through a geometric programming model.
Obtained probability distribution functions of the decision variables and the objective function are used as optimum knowledge to design a new probabilistic rule base (PRB) as a decision support system for EOQ model.
The developed PRB is a new type of the stochastic rule bases that can be used to infer optimum or near optimum values of the decision variables and the objective function of the EOQ model without solving the geometric programming problem directly.
Comparison between the results of the developed PRB and the optimum solutions which is provided in the numerical example illustrates the efficiency of the developed PRB.
American Psychological Association (APA)
Yousefli, Amir& Ghazanfari, Mehdi. 2012. A Stochastic Decision Support System for Economic Order Quantity Problem. Advances in Fuzzy Systems،Vol. 2012, no. 2012, pp.1-8.
https://search.emarefa.net/detail/BIM-488217
Modern Language Association (MLA)
Yousefli, Amir& Ghazanfari, Mehdi. A Stochastic Decision Support System for Economic Order Quantity Problem. Advances in Fuzzy Systems No. 2012 (2012), pp.1-8.
https://search.emarefa.net/detail/BIM-488217
American Medical Association (AMA)
Yousefli, Amir& Ghazanfari, Mehdi. A Stochastic Decision Support System for Economic Order Quantity Problem. Advances in Fuzzy Systems. 2012. Vol. 2012, no. 2012, pp.1-8.
https://search.emarefa.net/detail/BIM-488217
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-488217