Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/27664
Title: Hidden Markov models for inventory systems with deteriorating items
Authors: Tai, AH
Keywords: Deteriorating items
Hidden Markov model
HMM
Inventory systems
Issue Date: 2015
Publisher: Inderscience Enterprises Ltd.
Source: International journal of mathematics in operational research, 2015, v. 7, no. 2, p. 138-155 How to cite?
Journal: International Journal of Mathematics in Operational Research 
Abstract: In this paper, we propose to apply hidden Markov model (HMM) in modelling an inventory system for deteriorating items. Each item in the inventory has certain chance to deteriorate in a fixed period of time. We propose models for both cases of deterministic and stochastic demands. With the information provided by customers, the inventory levels in the system, which are unknown, can be estimated. Numerical examples are provided to demonstrate the effectiveness of the proposed models.
URI: http://hdl.handle.net/10397/27664
ISSN: 1757-5850
DOI: 10.1504/IJMOR.2015.068289
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

1
Last Week
0
Last month
0
Citations as of Jan 14, 2017

Page view(s)

22
Last Week
0
Last month
Checked on Jan 15, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.