A Suitable Artificial Intelligence Model for Inventory Level Optimization

  • Yogesh . M.tech Scholar Sagar Institute of Research & Technology Excellence, Bhopal
  • Sudhir Shrivastava Assistant professor & Dean Sagar Institute of Research & Technology Excellence, Bhopal

Abstract

Inventories are raw materials, work-in-process goods and completely finished goods that are considered to be the portion of business’s assets that are ready or will be ready for sale.  Formulating a suitable inventory model is one of the major concerns for an industry.  The earliest scientific inventory management researches date back to the second decade of the past century, but the interest in this scientific area is still great. Again considering the reliability of any process is an important feature in the research activities. Values of some factors are very hard to define or almost unreal. In such cases, AI models of inventory management take an important place.

Published
2019-04-15
How to Cite
., Y., & Shrivastava, S. (2019). A Suitable Artificial Intelligence Model for Inventory Level Optimization. IJOSTHE, 7(2), 8. Retrieved from http://ijosthe.com/ojssports/index.php/ojssports/article/view/90