Loading...

A genetic fuzzy expert system to optimize profit function

Mahmoudi, A ; Sharif University of Technology | 2012

344 Viewed
  1. Type of Document: Article
  2. Publisher: 2012
  3. Abstract:
  4. In this paper we develop a fuzzy system to obtain the demand based on input variables of price, warranty length and lead time of order delivery. We use linguistic terms to illustrate the situation of input and output variables and construct a fuzzy rule base. The fuzzy rule base is integrated with a genetic algorithm to construct a hybrid solution method. The best value of price, warranty length and lead time are obtained by maximizing the manufacturer profit. Finally a numerical example is presented to show the performance of proposed approach
  5. Keywords:
  6. Fuzzy expert system ; Genetic algorithm ; Lead time ; Pricing ; Profit optimization ; Warranty
  7. Source: Economic Computation and Economic Cybernetics Studies and Research ; Volume 8 , 2012 ; 0424267X (ISSN)
  8. URL: http://www.ecocyb.ase.ro/20124pdf/Mahmoudi%20Amin%20%28T%29.pdf