Application of fuzzy algorithm in inventory control
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Taking a certain lighting equipment factory as an example, application of fuzzy control technique in the field of inventory control is analyzed and discussed. In order to pruchase according to demand, optimize purchase policy and decrease inventory expenses, fuzzy logic reasoning method is used to forecast the demand of product. In the course of forecast reasoning results of different membership functions were evaluated, and it is confirmed that which menbership function accords with practical situation best.