Fuzzy inventory control of a supply chain

  • Authors:
  • Chi-Bin Cheng;Zheng-Yuan Liu

  • Affiliations:
  • Department of Industrial Engineering and Management, Chaoyang University of Technology, Taichung County, Taiwan;Department of Industrial Engineering and Management, Chaoyang University of Technology, Taichung County, Taiwan

  • Venue:
  • ICS'06 Proceedings of the 10th WSEAS international conference on Systems
  • Year:
  • 2006

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Abstract

Inventory control is an important factor in reducing the operating costs of the supply chain. This study proposes using a fuzzy inventory controller to make the ordering decision for the members in a supply chain. Such a controller is expressed as a set of fuzzy rules, which allows the manager to summarize his/her experience of reasoning process as well as incorporate conventional proportional control laws in arriving at final control actions. The performance of the proposed inventory controller is compared to a traditional inventory policy.