Research on the Forecasting of Inventory Risk Management of Spare Parts: A Neural Network Model
This paper proposes a neural network-based classification approach to inventory risk level of spare parts. Firstly a fuzzy, evaluation of spare parts is made in terms of their availability of suppliers, importance, predictability of failure, specificity and lead time. Then a multilayer feed forward neural network model is established. The Back Propagation (BP) algorithm for training a neural network is used to decide the weights to connections in the model. Choosing a sample of historical data of 100 spare parts and undertaking a BP training stimulation, the model is used to predict the inventory risk levels of 60 spare parts for a welllogging service firm. The forecasting reliability reaches 84%.
management of spare parts neural network back propagation algorithm
Weipeng WANG
School of Economics and Management Weifang University Weifang, China
国际会议
重庆
英文
980-983
2011-08-20(万方平台首次上网日期,不代表论文的发表时间)