Economic order quantity models for ameliorating/deteriorating items under inflation and time discounting

Article Abstract:

The deteriorating and ameliorating phenomenon of stored items of an inventory are studied under the Discounted Cash Flow approach. This phenomenon is integrated into an inventory model in order to develop economic order quantity models under time-varying demand pattern. From the optimal solutions that are derived from these models, the impact of amelioration and deterioration phenomenon on the inventory replenishment polices are examined.

South Korea, Japan, Storage, Discounted cash flow, Perishable goods

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Providing support for decisions based on time series information under conditions of asymmetric loss

Article Abstract:

A method of analyzing and forecasting demand for deciding production levels is presented. The method uses time series information for assessing the asymmetric losses on shortages or on surpluses.

United Kingdom, Time-series analysis, Time series analysis

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A compensation-based recurrent fuzzy neural network for dynamic system identification

Article Abstract:

The compensation-based recurrent fuzzy neutral network for dynamic system identification in operations management is presented.

Europe, Dynamical systems

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