A hybrid approach towards material purchase

Pao Yue-kong Library Electronic Theses Database

A hybrid approach towards material purchase

 

Author: Chan, Hon-man Kenneth
Title: A hybrid approach towards material purchase
Degree: M.Sc.
Year: 1997
Subject: Industrial procurement
Hybrid computer simulation
Hong Kong Polytechnic University -- Dissertations
Department: Dept. of Computing
Pages: 83, [88] leaves : ill., 1 map ; 31 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1405551
URI: http://theses.lib.polyu.edu.hk/handle/200/2788
Abstract: This research aims to build a material procurement model using a hybrid approach by combining rule-based reasoning, statistical methods and, linear programming adapted to antique style plastic photo frames industry. The central focus in material reordering is to determine an optimal purchase quantity in order to meet the actual and potential sales demands. In dealing with the uncertainties surrounding sales forecast, in-depth knowledge is required in the crucial factors underlying the product design, clientele and country profile. Such knowledge is acquired from experts and then translated into rules for analyzing the relative importance of these factors. Along with statistical analysis and operational research methodology, these rules formed the basis of this forecast system. This model will learn from historical records; provide quantitative recommendation to assist decision making; and operate even at the absence of experts.

Files in this item

Files Size Format
b1405551x.pdf 7.609Mb PDF
Copyright Undertaking
As a bona fide Library user, I declare that:
  1. I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
  2. I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
  3. I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.

     

Quick Search

Browse

More Information