Work

Fuzzy Inventory Model without Shortages Using Signed Distance Method

Year: 2016

Type: article

Abstract: In this paper an inventory model without shortage is considered under fuzzy environment.Our objective is to determine the optimal total cost and optimal order quantity for proposed inventory model.The optimum order quantity is calculated using Signed Distance Method for defuzzification.Cost involved; ordering cost and holding cost considered as fuzzy parameters.The Trapezoidal fuzzy numbers are used to achieve the goal.The proposed model is illustrated numerically.

Source: International Journal of Science and Research (IJSR)

DOI: 10.21275/v5i7.art2016144

Language: English

Topic: Supply Chain and Inventory Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2189373300

FWCI: 7.179

Cites: 17

Cited by: 41

Related to: 10