15 research outputs found

    OPTIMIZATION OF RICE INVENTORY USING FUZZY INVENTORY MODEL AND LAGRANGE INTERPOLATION METHOD

    Get PDF
    Interpolation is a method to determine the value that is between two values and is known from the data. In some cases, the data obtained is incomplete due to limitations in data collection. Interpolation techniques can be used to obtain approximate data. In this study, the Lagrange interpolation method of degree 2 and degree 3 is used to interpolate the data on rice demand. A trapezoidal fuzzy number expresses the demand data obtained from the interpolation.  The other parameters are obtained from company data related to rice supplies and are expressed as trapezoidal fuzzy numbers. The interpolation accuracy rate is calculated using Mean Error Percentage (MAPE). The second-degree interpolation method produces a MAPE value of 30.76 percent, while the third-degree interpolation has a MAPE of 32.92 percent. The quantity of order  respectively  202677 kg, 384610 kg, 1012357 kg, 1447963 kg, and a Total inventory cost of Rp. 129231797951

    Dynamic Pricing for Managing Product Selling on Fruit Supply Chain Management

    Get PDF
    Recently fresh fruit sector is grown not only due to increasing of demand that spirited by healthy lifestyle but also requirement of quality food should be eaten daily. Its complexity make many research considered fruit in certain supply chain, called as Fruit Supply Chain (FSC). In FSC, customers tend to purchase products with a longer remaining lifetime and avoid the ones which give aging signal. Customer willingness to pay decreases once the product start to be deteriorated, which may cause slower demand for aging fruits. Consequently, retailers should enable discounted price for aging fruits products to retain or improve demand rate. Hence, a solution of this is creating price that dynamically following the condition of goods. This research establishes pricing scheme, which is dynamic pricing to FSC. Main purpose of this research is explaining how to maximize supply chain profit by applying dynamic pricing. Remind that there is deterioration that does exist on FSC product and its customer preferences, dynamic pricing will be close to the real life particularly applied by FSC players. A set of mathematical model is optimized on this research. It addresses dynamic pricing for FSC players to achieve better profitability. The result proves that dynamic pricing is urgent to be done. In order to avoid unsold product due to became deteriorated, FSC players can separate selling period into three periods, which are forward buying period, normal price period, and markdown price period. Moreover, there are several parameters involved on optimization has different impact on FSC profitability, where it should be thoroughly focused on by FSC players collaboratively

    A simulation-based optimization model for balancing economic profitability and working capital efficiency using system dynamics and genetic algorithms

    Get PDF
    Economic uncertainty has been increasing, as evidenced by recent fluctuations in global markets and unpredictable economic indicators such as volatile demand, stock market fluctuations, and unpredictable interest rates. Economic profitability and working capital efficiency are pivotal indicators of a business's financial health, both of which are adversely impacted by economic uncertainty. However, these metrics may diverge as distinct objectives drive them. There exists a gap in the literature regarding effective strategies for managing the trade-off between these metrics under economic uncertainty. This study addresses this gap by introducing a simulation-based optimization model that integrates system dynamics simulation and genetic algorithms. The proposed model aims to balance economic profitability and working capital efficiency within inventory management under partial trade credit. A recent real case study demonstrates the model's applicability and reveals its superiority over conventional system dynamics simulation modeling. With its capacity to inform strategic and tactical decision-making, this model emerges as a valuable tool for supply chain and financial managers seeking to ensure financial stability amidst economic volatility

    Full Issue

    Get PDF

    The floating contract between risk-averse supply chain partners in a volatile commodity price environment

    Get PDF
    In this dissertation, two separate but closely related decision making problems in environments of volatile commodity prices are addressed. In the first problem, a risk-averse commodity user\u27s purchasing policy and his risk-neutral supplier\u27s pricing decision, where the user can purchase his needs through contract with his supplier as well as directly from the spot market, are analyzed. The commodity user is assumed to be the supplier\u27s sole client, and the supplier can always expand capacity, at a cost to the user, to accommodate the user\u27s demand in excess of initially reserved capacity. In the more generalized second problem, both parties (commodity user and supplier) are assumed to be risk averse, and both can directly access the spot market. In addition to making pricing decisions, the supplier is also faced with the challenge of establishing the right combination of in-house production and spot market engagements to manage her risk of exposure to spot price volatility under the contract. While the supplier has a frictionless buy and sell access to the spot market, the user can only access this market for buying purposes and incurs an access fee that is linearly increasing in the purchased volume. In both problems, by adopting the mean-variance criterion to reflect aversion to risk, the decisions of both parties are explicitly characterized. Based on analytical results and numerical studies, managerial insights as to how changes in the model\u27s parameters would affect each party\u27s decisions are offered at length, and the implications of these results to the manager are discussed. A focal point for the dissertation is the consideration of a floating contract, the landing price of which is contingent on the realization of the commodity\u27s spot market price at the time of delivery. It was found that if properly designed, not only can this dynamic pricing arrangement strategically position a long-term supplier against spot market competition, but it also has the added benefit of leading to improved supply chain expected profits compared to a locked-in contract price setting. Another key finding is that when making her pricing decisions, the supplier runs the risk of overestimating the commodity user\u27s vulnerability at higher levels of the user\u27s aversion to risk as well as at higher volatility of spot prices

    Technology and Management Applied in Construction Engineering Projects

    Get PDF
    This book focuses on fundamental and applied research on construction project management. It presents research papers and practice-oriented papers. The execution of construction projects is specific and particularly difficult because each implementation is a unique, complex, and dynamic process that consists of several or more subprocesses that are related to each other, in which various aspects of the investment process participate. Therefore, there is still a vital need to study, research, and conclude the engineering technology and management applied in construction projects. This book present unanimous research approach is a result of many years of studies, conducted by 35 well experienced authors. The common subject of research concerns the development of methods and tools for modeling multi-criteria processes in construction engineering

    An intelligent classification system for land use and land cover mapping using spaceborne remote sensing and GIS

    Get PDF
    The objectives of this study were to experiment with and extend current methods of Synthetic Aperture Rader (SAR) image classification, and to design and implement a prototype intelligent remote sensing image processing and classification system for land use and land cover mapping in wet season conditions in Bangladesh, which incorporates SAR images and other geodata. To meet these objectives, the problem of classifying the spaceborne SAR images, and integrating Geographic Information System (GIS) data and ground truth data was studied first. In this phase of the study, an extension to traditional techniques was made by applying a Self-Organizing feature Map (SOM) to include GIS data with the remote sensing data during image segmentation. The experimental results were compared with those of traditional statistical classifiers, such as Maximum Likelihood, Mahalanobis Distance, and Minimum Distance classifiers. The performances of the classifiers were evaluated in terms of the classification accuracy with respect to the collected real-time ground truth data. The SOM neural network provided the highest overall accuracy when a GIS layer of land type classification (with respect to the period of inundation by regular flooding) was used in the network. Using this method, the overall accuracy was around 15% higher than the previously mentioned traditional classifiers. It also achieved higher accuracies for more classes in comparison to the other classifiers. However, it was also observed that different classifiers produced better accuracy for different classes. Therefore, the investigation was extended to consider Multiple Classifier Combination (MCC) techniques, which is a recently emerging research area in pattern recognition. The study has tested some of these techniques to improve the classification accuracy by harnessing the goodness of the constituent classifiers. A Rule-based Contention Resolution method of combination was developed, which exhibited an improvement in the overall accuracy of about 2% in comparison to its best constituent (SOM) classifier. The next phase of the study involved the design of an architecture for an intelligent image processing and classification system (named ISRIPaC) that could integrate the extended methodologies mentioned above. Finally, the architecture was implemented in a prototype and its viability was evaluated using a set of real data. The originality of the ISRIPaC architecture lies in the realisation of the concept of a complete system that can intelligently cover all the steps of image processing classification and utilise standardised metadata in addition to a knowledge base in determining the appropriate methods and course of action for the given task. The implemented prototype of the ISRIPaC architecture is a federated system that integrates the CLIPS expert system shell, the IDRISI Kilimanjaro image processing and GIS software, and the domain experts' knowledge via a control agent written in Visual C++. It starts with data assessment and pre-processing and ends up with image classification and accuracy assessment. The system is designed to run automatically, where the user merely provides the initial information regarding the intended task and the source of available data. The system itself acquires necessary information about the data from metadata files in order to make decisions and perform tasks. The test and evaluation of the prototype demonstrates the viability of the proposed architecture and the possibility of extending the system to perform other image processing tasks and to use different sources of data. The system design presented in this study thus suggests some directions for the development of the next generation of remote sensing image processing and classification systems

    Energy Supplies in the Countries from the Visegrad Group

    Get PDF
    The purpose of this Special Issue was to collect and present research results and experiences on energy supply in the Visegrad Group countries. This research considers both macroeconomic and microeconomic aspects. It was important to determine how the V4 countries deal with energy management, how they have undergone or are undergoing energy transformation and in what direction they are heading. The articles concerned aspects of the energy balance in the V4 countries compared to the EU, including the production of renewable energy, as well as changes in its individual sectors (transport and food production). The energy efficiency of low-emission vehicles in public transport and goods deliveries are also discussed, as well as the energy efficiency of farms and energy storage facilities and the impact of the energy sector on the quality of the environment

    Collected Papers (on Neutrosophic Theory and Applications), Volume VII

    Get PDF
    This seventh volume of Collected Papers includes 70 papers comprising 974 pages on (theoretic and applied) neutrosophics, written between 2013-2021 by the author alone or in collaboration with the following 122 co-authors from 22 countries: Mohamed Abdel-Basset, Abdel-Nasser Hussian, C. Alexander, Mumtaz Ali, Yaman Akbulut, Amir Abdullah, Amira S. Ashour, Assia Bakali, Kousik Bhattacharya, Kainat Bibi, R. N. Boyd, Ümit Budak, Lulu Cai, Cenap Özel, Chang Su Kim, Victor Christianto, Chunlai Du, Chunxin Bo, Rituparna Chutia, Cu Nguyen Giap, Dao The Son, Vinayak Devvrat, Arindam Dey, Partha Pratim Dey, Fahad Alsharari, Feng Yongfei, S. Ganesan, Shivam Ghildiyal, Bibhas C. Giri, Masooma Raza Hashmi, Ahmed Refaat Hawas, Hoang Viet Long, Le Hoang Son, Hongbo Wang, Hongnian Yu, Mihaiela Iliescu, Saeid Jafari, Temitope Gbolahan Jaiyeola, Naeem Jan, R. Jeevitha, Jun Ye, Anup Khan, Madad Khan, Salma Khan, Ilanthenral Kandasamy, W.B. Vasantha Kandasamy, Darjan Karabašević, Kifayat Ullah, Kishore Kumar P.K., Sujit Kumar De, Prasun Kumar Nayak, Malayalan Lathamaheswari, Luong Thi Hong Lan, Anam Luqman, Luu Quoc Dat, Tahir Mahmood, Hafsa M. Malik, Nivetha Martin, Mai Mohamed, Parimala Mani, Mingcong Deng, Mohammed A. Al Shumrani, Mohammad Hamidi, Mohamed Talea, Kalyan Mondal, Muhammad Akram, Muhammad Gulistan, Farshid Mofidnakhaei, Muhammad Shoaib, Muhammad Riaz, Karthika Muthusamy, Nabeela Ishfaq, Deivanayagampillai Nagarajan, Sumera Naz, Nguyen Dinh Hoa, Nguyen Tho Thong, Nguyen Xuan Thao, Noor ul Amin, Dragan Pamučar, Gabrijela Popović, S. Krishna Prabha, Surapati Pramanik, Priya R, Qiaoyan Li, Yaser Saber, Said Broumi, Saima Anis, Saleem Abdullah, Ganeshsree Selvachandran, Abdulkadir Sengür, Seyed Ahmad Edalatpanah, Shahbaz Ali, Shahzaib Ashraf, Shouzhen Zeng, Shio Gai Quek, Shuangwu Zhu, Shumaiza, Sidra Sayed, Sohail Iqbal, Songtao Shao, Sundas Shahzadi, Dragiša Stanujkić, Željko Stević, Udhayakumar Ramalingam, Zunaira Rashid, Hossein Rashmanlou, Rajkumar Verma, Luige Vlădăreanu, Victor Vlădăreanu, Desmond Jun Yi Tey, Selçuk Topal, Naveed Yaqoob, Yanhui Guo, Yee Fei Gan, Yingcang Ma, Young Bae Jun, Yuping Lai, Hafiz Abdul Wahab, Wei Yang, Xiaohong Zhang, Edmundas Kazimieras Zavadskas, Lemnaouar Zedam
    corecore