The Application of the Optimal Stopping Theory in E-supply Chain Basic data proofreading

Based on the electronic supply chain partners selection and evaluation process, according to the theory of optimal stopping theory, this paper constructed a mathematical model which was based on the data proofreading optimal problem of supply chain partner and also generalized this decision problem....

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Bibliographic Details
Published in2010 International Conference on E-Business and E-Government pp. 1584 - 1587
Main Authors Han Jieping, Li Wei
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.05.2010
Subjects
Appraisal
Artificial neural networks
Decision making
electronic supply chain partnership
Mathematical model
optimal decision
Optimal stopping
Security
Stochastic processes
supply chain
Supply chains
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Summary:Based on the electronic supply chain partners selection and evaluation process, according to the theory of optimal stopping theory, this paper constructed a mathematical model which was based on the data proofreading optimal problem of supply chain partner and also generalized this decision problem. The two kinds of typical models are discussed in this paper. The optimal solution and condition are brought forward. The calculation steps are also prompted based on cutting tails method.
DOI:10.1109/ICEE.2010.401