Abstract:Within the oil marketing operation, various entities compete and attempt to maximize their profits by providing sufficient supply to meet needs of market. It is an optimal method for oil marketing company operation with a dynamically reasonable inventory to maximize profit under oil price fluctuation and inventory sales lag. In this paper, we study the optimal procurement method of oil marketing company which confirms the reasonable inventory. We build a data fusion model for the GMDH- (group method of data hand… Show more
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