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A Decision Making Model for Vendor-Buyer Inventory Systems

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Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 5908))

Abstract

In a vendor-buyer supply chain, the buyer’s economic order quantity and the vendor’s optimal number of deliveries are derived either independently or collaboratively. In this paper, we establish a two-stage vendor-buyer inventory system decision model by using bi-level decision making approach. The experimental result shows that the proposed bi-level decision model can effectively handle two-stage vendor-buyer inventory problems and obtain better results than the existing methods.

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© 2009 Springer-Verlag Berlin Heidelberg

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Wee, HM., Lu, J., Zhang, G., Chiao, HE., Gao, Y. (2009). A Decision Making Model for Vendor-Buyer Inventory Systems. In: Sakai, H., Chakraborty, M.K., Hassanien, A.E., Ślęzak, D., Zhu, W. (eds) Rough Sets, Fuzzy Sets, Data Mining and Granular Computing. RSFDGrC 2009. Lecture Notes in Computer Science(), vol 5908. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-10646-0_41

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  • DOI: https://doi.org/10.1007/978-3-642-10646-0_41

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-10645-3

  • Online ISBN: 978-3-642-10646-0

  • eBook Packages: Computer ScienceComputer Science (R0)

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