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Robust Inventory Management under Uncertain Demand and Unreliable Delivery Channels

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Advances in Systems Science

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 240))

Abstract

The paper considers the problem of establishing an efficient supply policy for production-inventory systems in which stock replenishment process is unreliable. In the analyzed setting, the stock at a goods distribution center, used to satisfy uncertain, variable demand is refilled using multiple delivery channels. Due to information distortion, product defects, or improper transportation, the shipments may arrive damaged, or incomplete. The setting is modeled as a time-varying discrete-time system with multiple input-output delays. A new delay compensation mechanism, which provides smooth ordering pattern and ensures closed-loop stability for arbitrary delay, is proposed. Conditions for achieving full satisfaction of the a priori unknown demand are specified and formally proved.

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Correspondence to Przemysław Ignaciuk .

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© 2014 Springer International Publishing Switzerland

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Ignaciuk, P. (2014). Robust Inventory Management under Uncertain Demand and Unreliable Delivery Channels. In: Swiątek, J., Grzech, A., Swiątek, P., Tomczak, J. (eds) Advances in Systems Science. Advances in Intelligent Systems and Computing, vol 240. Springer, Cham. https://doi.org/10.1007/978-3-319-01857-7_7

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  • DOI: https://doi.org/10.1007/978-3-319-01857-7_7

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-01856-0

  • Online ISBN: 978-3-319-01857-7

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