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Chinese Journal of Management Science ›› 2003, Vol. ›› Issue (2): 50-54.

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Research on Solving the Inventory Problem by Applying the Method of Decision Influence Diagrams with Subvalue Nodes

DONG Zhi-qiang, ZHAO Yong   

  1. Automanagement college, Bengbu 233011, China
  • Received:2002-03-30 Revised:2003-01-20 Online:2003-04-28 Published:2012-03-06

Abstract: Traditionally,we solve the inventory problem with dynamic programming.In this paper,applying the method of Decision Influence Diagrams with subvalue nodes,we formulate and handle the inventory problem with forecasts and correlated demands,and make a comparison to the two methods.

Key words: inventory problem, decision influence diagrams, dynamic programming

CLC Number: