Fuzzy Inventory Model without Shortages Using Signed Distance Method

By J. K. Syed, L. A. Aziz. 2007

49 citations recorded by the source corpus.

In this paper an inventory model without shortage is considered under fuzzy environment. Costs involved; ordering cost and holding cost, imprecise in nature, considered as fuzzy parameters. Representing both the costs by fuzzy triangular number, the optimum order quantity is calculated using Signed Distance Method for defuzzification. Method is illustrated numerically along with sensitivity analysis.

Subfields: Control and Systems Engineering, Management Science and Operations Research, Statistics and Probability

View Paper: https://www.semanticscholar.org/paper/e7b500285a0e2056d82ce5843f637722b1596f44

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Citations in the corpus

• Fuzzy Inventory Model without Shortage Using Trapezoidal Fuzzy Number with Sensitivity Analysis (2012, background): “Further, in a series of papers, Yao et al.[13,14,17], considered the fuzzified problems for the inventory with or without backorder models.”