A Fuzzy Production Inventory Model for Deteriorating Items with Shortages

International Journal for Research in Applied Sciences and Biotechnology

View Publication Info
 
 
Field Value
 
Title A Fuzzy Production Inventory Model for Deteriorating Items with Shortages
 
Creator Ayan Chakraborty
Srabani Shee
Tripti Chakrabarti
 
Subject Deterioration
shortage
triangular fuzzy numbers (symmetric)
defuzzification
signed distance method
graded mean integration method
 
Description In this paper we have developed a supply chain production inventory model for deteriorating items with shortage under Fuzzy environment. The formulae for the optimal average system cost, stock level, backlog level and production cycle time are derived when the deterioration rate is very small. In reality it is seen that we cannot define all parameters precisely due to imprecision or uncertainty in the environment. So, we have defined the inventory parameter deterioration rate as triangular fuzzy numbers. The signed distance method and graded mean integration method have been used for defuzzification. Numerical examples are taken to illustrate the procedure of finding the optimal total inventory cost, stock level and backlog level. Sensitivity analysis is carried out to demonstrate the effects of changing parameter values on the optimal solution of the system.
 
Publisher Vandana Publications
 
Date 2021-10-06
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ijrasb.com/ojs/index.php/ojs-ijrasb/article/view/443
10.31033/ijrasb.8.5.20
 
Source International Journal for Research in Applied Sciences and Biotechnology; Vol. 8 No. 5 (2021): September Issue; 140-146
2349-8889
 
Language eng
 
Relation https://www.ijrasb.com/ojs/index.php/ojs-ijrasb/article/view/443/332
 
Rights Copyright (c) 2021 International Journal for Research in Applied Sciences and Biotechnology
https://creativecommons.org/licenses/by-nc-nd/4.0
 

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