Intelligent Decision-making Models for Production and Retail Operations

This book provides an overview of intelligent decision-making techniques and discusses their application in production and retail operations. Manufacturing and retail enterprises have stringent standards for using advanced and reliable techniques to impro

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Intelligent Decision-making Models for Production and Retail Operations

Intelligent Decision-making Models for Production and Retail Operations

Zhaoxia Guo

Intelligent Decision-making Models for Production and Retail Operations

123

Zhaoxia Guo Business School Sichuan University Chengdu China

ISBN 978-3-662-52679-8 DOI 10.1007/978-3-662-52681-1

ISBN 978-3-662-52681-1

(eBook)

Library of Congress Control Number: 2016941291 © Springer-Verlag Berlin Heidelberg 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer-Verlag GmbH Berlin Heidelberg

Contents

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New Developments and Decision-makings in Production and Retailing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.1 Production and Retail Operations . . . . . . . . . . . . . . . . . . . . 1.1.1 New Developments in Manufacturing . . . . . . . . . . . 1.1.2 New Developments in Retailing . . . . . . . . . . . . . . . 1.2 Previous Studies on Decision-making Problems in Production and Retailing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2.1 Production Planning . . . . . . . . . . . . . . . . . . . . . . . 1.2.2 Production Scheduling . . . . . . . . . . . . . . . . . . . . . 1.2.3 Assembly Line Balancing . . . . . . . . . . . . . . . . . . . 1.2.4 Sales Forecasting . . . . . . . . . . . . . . . . . . . . . . . . . 1.3 Techniques for Decision-making Problems in Production and Retailing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.3.1 Techniques for Production Optimization Problems . . 1.3.2 Techniques for Sales Forecasting Problems . . . . . . . 1.4 Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fundamentals of Intelligent Decision-Making Techniques . . . 2.1 Computational Intelligence Techniques: A Brief O