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Adaptive Fuzzy Inventory Control Algorithm for Replenishment Process Optimization in an Uncertain Environment

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Business Information Systems (BIS 2007)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 4439))

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Abstract

This paper presents a real case study of warehouse replenishment process optimization on a selected sample of representative materials. Optimization is performed with simulation model supported by inventory control algorithms. The adaptive fuzzy inventory control algorithm based on fuzzy stock-outs, highest stock level and total cost is introduced. The algorithm is tested and compared to the simulation results of the actual warehouse process and classic inventory control algorithms such as Least-unit cost, Part period balancing and Silver-Meal algorithm. The algorithms are tested on historic data and assessed using the Fuzzy Strategy Assessor (FSA). Simulation results are presented and advantages of fuzzy inventory control algorithm are discussed.

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Authors and Affiliations

  1. University of Maribor, Faculty of Organizational Sciences, Kidričeva cesta 55a, 4000 Kranj, Slovenia

    Davorin Kofjač, Miroljub Kljajić, Andrej Škraba & Blaž Rodič

Authors
  1. Davorin Kofjač
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  2. Miroljub Kljajić
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  3. Andrej Škraba
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  4. Blaž Rodič
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Witold Abramowicz

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Kofjač, D., Kljajić, M., Škraba, A., Rodič, B. (2007). Adaptive Fuzzy Inventory Control Algorithm for Replenishment Process Optimization in an Uncertain Environment. In: Abramowicz, W. (eds) Business Information Systems. BIS 2007. Lecture Notes in Computer Science, vol 4439. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-72035-5_42

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  • DOI: https://doi.org/10.1007/978-3-540-72035-5_42

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-72034-8

  • Online ISBN: 978-3-540-72035-5

  • eBook Packages: Computer ScienceComputer Science (R0)

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