Year: 2019
Type: article
Abstract: In this paper, an inventory models with shortage, which is completely backlogged.An inventory system maintains level of materials, replenished and maintains size of order.The problem of inventory control works on two points-(1) when to order (2) how much to order.The theory of fuzzy inventory modeling is proceeding to more reality compare with crisp sense.Fuzzy set theory helps to optimize inventory model and gives us better results.Then we use fuzzy set theory on this inventory model and fuzzify the ordering cost, shortage cost and holding cost using "Trapezoidal fuzzy number" to get fuzzy total cost.Then defuzzify the fuzzy total cost function by "Signed Distance Method".The main purpose of this paper work is the solution from this approach is compared to earlier work through an example and suitable graphical structure.
Authors: Neelanjana Rajput,, A.P. Singh, R.K. Pandey
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W2971908532