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Economic order quantity in fuzzy sense for inventory without backorder model

✍ Scribed by Huey-Ming Lee; Jing-Shing Yao

Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
810 KB
Volume
105
Category
Article
ISSN
0165-0114

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✦ Synopsis

This paper investigates a group of computing schemas for economic order quantity as fuzzy values of the inventory without backorder. We express the fuzzy order qunatity as the normal triangular fuzzy number (q~, q0, q2), and then solve the aforementioned optimization problem. We find that, after defuzzification, the total cost is slightly higher than in the crisp model; however, it permits better use of the economic fuzzy quantities arising with changes in orders, deliveries, and sales.

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