A FUZZY PROGRAMMING APPROACH TO INVENTORY CONTROL PROBLEM

International Journal of Students' Research in Technology & Management

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Field Value
 
Title A FUZZY PROGRAMMING APPROACH TO INVENTORY CONTROL PROBLEM
 
Creator Kumari, Neha
Burnwal, A. P.
 
Subject Inventory Control Problem
Fuzzy Objectives
Fuzzy Constraints
Membership Function
Compensatory Operator
Weighted Compensatory Operator
Quadratic Achievement Function
Geometric Programming
Inventory Control Problem
 
Description Purpose of study: Main aim of this study is to deals with the problem of inventories. Their holding cost, set-up cost, and many more related to that. All the problems are flexible and having fuzzy nature.
Methodology: The model takes the form of a Geometric Programming problem. Hence geometric programming algorithm is used here.
Main Finding: The developed models may be used for a single item with a single constraint of limitation on storage area and multi-item inventory problems.
Application of this study: This study is useful in the area of inventories. There holding cost and set-up cost etc.
The originality of this study: This study may help the stockholders for storing goods and minimizing the cost of holding.
 
Publisher GIAP Journals
 
Date 2021-04-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://giapjournals.com/ijsrtm/article/view/ijsrtm.2021.923
10.18510/ijsrtm.2021.923
 
Source International Journal of Students' Research in Technology & Management; Vol. 9 No. 2 (2021); 13-17
2321-2543
 
Language eng
 
Relation https://giapjournals.com/ijsrtm/article/view/ijsrtm.2021.923/3429
 
Rights Copyright (c) 2021 Kumari and Burnwal
https://creativecommons.org/licenses/by-sa/4.0
 

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