Orand, Seyed Mostafa, Mirzazadeh, Abolfazl, Ahmadzadeh, Farzaneh, Talebloo, Farid. (1394). Optimization of the Inflationary Inventory Control Model under Stochastic Conditions with Simpson Approximation: Particle Swarm Optimization Approach. , 8(2), 203-220. doi: 10.22059/ijms.2015.52631
Seyed Mostafa Orand; Abolfazl Mirzazadeh; Farzaneh Ahmadzadeh; Farid Talebloo. "Optimization of the Inflationary Inventory Control Model under Stochastic Conditions with Simpson Approximation: Particle Swarm Optimization Approach". , 8, 2, 1394, 203-220. doi: 10.22059/ijms.2015.52631
Orand, Seyed Mostafa, Mirzazadeh, Abolfazl, Ahmadzadeh, Farzaneh, Talebloo, Farid. (1394). 'Optimization of the Inflationary Inventory Control Model under Stochastic Conditions with Simpson Approximation: Particle Swarm Optimization Approach', , 8(2), pp. 203-220. doi: 10.22059/ijms.2015.52631
Orand, Seyed Mostafa, Mirzazadeh, Abolfazl, Ahmadzadeh, Farzaneh, Talebloo, Farid. Optimization of the Inflationary Inventory Control Model under Stochastic Conditions with Simpson Approximation: Particle Swarm Optimization Approach. , 1394; 8(2): 203-220. doi: 10.22059/ijms.2015.52631

Optimization of the Inflationary Inventory Control Model under Stochastic Conditions with Simpson Approximation: Particle Swarm Optimization Approach

Interdisciplinary Journal of Management Studies
مقاله 3، دوره 8، شماره 2، 2015، صفحه 203-220    اصل مقاله (657.94 K)
نوع مقاله: Review article
شناسه دیجیتال (DOI): 10.22059/ijms.2015.52631
نویسندگان
Seyed Mostafa Orand1؛ Abolfazl Mirzazadeh* 2؛ Farzaneh Ahmadzadeh3؛ Farid Talebloo4
1Faculty of Industrial Engineering, Islamic Azad University, Science and Research Branch, Saveh, Iran
2Faculty of Industrial Engineering, Kharazmi University, Tehran, Iran
3Faculty of Industrial Engineering, Islamic Azad University, Karaj Branch, Iran
4Department of Information Technology of Sufi Razi, Zanjan, Iran
چکیده
In this study, we considered an inflationary inventory control model under non-deterministic conditions. We assumed the inflation rate as a normal distribution, with any arbitrary probability density function (pdf). The objective function was to minimize the total discount cost of the inventory system. We used two methods to solve this problem. One was the classic numerical approach which turned out to be prohibitively difficult. The other was a proposed combination method which used Simpson approximation and particle swarm optimization (PSO). To illustrate the theoretical results, we have provided numerical examples.
کلیدواژه‌ها
Inflation؛ Inventory systems؛ particle swarm optimization؛ Simpson approximation؛ Stochastic
مراجع
آمار
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