Fuzzy Multi-Item Newsvendor Problem: An Application to Inventory Management

Fuzzy Multi-Item Newsvendor Problem: An Application to Inventory Management

This paper proposes a novel approach to the fuzzy newsvendor problem for inventory management applications. The main contributions of the paper are the following: a new credibility estimation is proposed, to explore the neighborhood around the most impactful demand scenarios; a simulation procedure...

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Bibliographic Details
Main Authors: João M. C. Sousa, Rodrigo Luís, Rui Mirra Santos, Luís Mendonça, Susana M. Vieira
Format: Article
Language:English
Published: MDPI AG 2024-05-01
Series:Mathematics
Subjects:
multi-item newsvendor problem
fuzzy newsvendor problem
inventory management
genetic algorithms
credibility estimation
Online Access:https://www.mdpi.com/2227-7390/12/11/1652

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https://www.mdpi.com/2227-7390/12/11/1652

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