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Uncertain Optimal Inventory as a Strategy for Enterprise Global Positioning

González S. Federico (), Flores R. Beatriz (), Anna Maria Gil-Lafuente () and Juan Flores
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González S. Federico: Universidad Michoacana de San Nicolás de Hidalgo
Flores R. Beatriz: Universidad Michoacana de San Nicolás de Hidalgo
Anna Maria Gil-Lafuente: University of Barcelona

A chapter in Decision Making and Knowledge Decision Support Systems, 2015, pp 29-42 from Springer

Abstract: Abstract This paper solves the classical and fuzzy Economic Order Quantity (EOQ) problems. We consider all parameters to be uncertain, expressed as triangular fuzzy numbers. We present a comparative analysis between both methodologies, presenting competitive advantages of one versus the other one. We also present how these strategies can be applied to a company in search of a better position in the world market, aiming to make the world-class enterprises.

Keywords: Inventory; Uncertainty; Fuzzy logic; Business improvement (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-319-03907-7_5

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DOI: 10.1007/978-3-319-03907-7_5

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