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Continues Inventory model.

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Inventory Control Using Fuzzy Inference System And Adaptive Neuro Fuzzy Inference System Under Uncertain Conditions, Ali Abdulmajeed Ali, Arzaq Mohammed Ali Kulaib Nov 2021

Inventory Control Using Fuzzy Inference System And Adaptive Neuro Fuzzy Inference System Under Uncertain Conditions, Ali Abdulmajeed Ali, Arzaq Mohammed Ali Kulaib

Hadhramout University Journal of Natural & Applied Sciences

Supply chain management plays a significant role for running business efficiently, as it integrates management of materials and information flows between supply chain parties Fuzzy Inference System (FIS) and Adaptive Neuro Fuzzy inference system (ANFIS) are expert systems widely used to deal with imprecise and vague data. In this paper FIS and ANFIS are implemented to deal with the uncertainty regarding demand, lead time and inventory level in continuous inventory control system in order to obtain the optimal order quantity and reorder point. These two models are compared with Economic Order Quantity (EOQ) model at the different service level to …