A fuzzy inventory model for Weibull deteriorating items under completely backlogged shortages

Sudhansu Sekhar Routray · Susanta Kumar Paikray · Hemen Dutta

14 citations0/0 files storedDiscrete and Continuous Dynamical Systems - S

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Supply Chain and Inventory Management Optimization and Mathematical Programming Fuzzy Systems and Optimization

Abstract

In this paper, a fuzzy stock replenishment policy implemented for inventory items that follows linear demand and Weibull deterioration under completely backlogged shortages. Moreover, to minimize the aggregate expense per unit time, the fuzzy optimal solution is obtained using general mathematical techniques by considering hexagonal fuzzy numbers and graded mean preference integration strategy. Finally, the complete exposition of the model is provided by numerical examples and sensitivity behavior of the associated parameters.

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References

1965Fuzzy sets 1973An EOQ Model for Items with Weibull Distribution Deterioration 1963A model for an exponentially decaying inventory 1987Fuzzy-set theoretic interpretation of economic order quantity 1998Economic production quantity for fuzzy demand quantity, and fuzzy production quantity 2002A single-period inventory model with fuzzy demand 1977An Order-Level Lot-Size Inventory Model for Deteriorating Items 1982Long-term inventory policy-making through fuzzy decision-making models

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