Fuzzy inventory model on various lead time demand using multi criteria classification approach: A literature review
Inventory cost has become one of the major contributions to enterprise inefficiency.To minimize total cost, an enterprise is urged to manage an effective and efficient inventory system.In this case, an appropriate inventory model is in need. This study aims to propose an optimal inventory model by e...
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| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/15941/1/P12.pdf http://repo.uum.edu.my/15941/ http://stmlportal.net/ictom04/TOC.html |
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| Summary: | Inventory cost has become one of the major contributions to enterprise inefficiency.To minimize total cost, an enterprise is urged to manage an effective and efficient inventory system.In this case, an appropriate inventory model is in need. This study aims to propose an optimal inventory model by examining ABC multi-criteria classification approach using FANP (Fuzzy Analytical Network Process) and TOPSIS (Technique of Order Preferences by Similarity to the Ideal Solution) method. This study proposed a continuous review inventory model. |
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