A new model to be applied in decision making under uncertainty, in its beginnings was created to reinforce two of the traditional methods most used: Hurwicz and Laplace, but, because of its applicability, it took on a life of its own. The main characteristic that distinguishes it from traditional models is that it takes into account the dispersion of data. This does it through the amplitude, hence its name.
Published in Chapter:
Inventories Control, State Regulations, and the Amplitude Model (TAM)
José G. Hernández R. (Minimax Consultores C.A., Venezuela), María J. García G. (Minimax Consultores C.A., Venezuela), and Gilberto J. Hernández G. (Minimax Consultores C.A., Venezuela)
Copyright: © 2018
|Pages: 26
DOI: 10.4018/978-1-5225-3232-3.ch023
Abstract
The contribution of this chapter is to relate the control of inventories and the regulations that on it the state can exercise, with the decision making under uncertainty, represented by The Amplitude Model (TAM) and making use of the area Inventory of the Logistic Model Based on Positions (MoLoBaC). Inventory control is one of the fundamental tasks of business logistics and the company as a whole. But there are situations where this inventory control is affected by state regulations. It wants to analyze this delicate situation from the perspective of the models of decision making under uncertainty, in particular TAM. From the all above the general objective of this paper emerges: Make use of the Inventories area, of the Logistics Model Based on Positions and with The Amplitude Model, to analyze the possible actions to take, to confront the consequences of the restrictions imposed by the state, which affect the inventory control.