A production lot-size model with fuzzy-ramp type demand and fuzzy deterioration rate under permissible delay in payments (Q1942858)
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English | A production lot-size model with fuzzy-ramp type demand and fuzzy deterioration rate under permissible delay in payments |
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A production lot-size model with fuzzy-ramp type demand and fuzzy deterioration rate under permissible delay in payments (English)
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14 March 2013
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Summary: A production lot-size inventory model is developed with finite production rate, fuzzy deterioration and demand rate under permissible delay in payments. Here it is assumed that the initial demand rate of ramp-type demand and the deterioration rate are uncertain in fuzzy sense i.e., imprecise in nature. The initial demand rate and deterioration rate are taken as triangular fuzzy number. Using {\(\alpha\)}-cut for defuzzification, the total variable cost per unit time is derived. The multi-objective model is solved using Global Criteria Method and is illustrated with a numerical example. Sensitivity analysis has been made for different values of {\(\alpha\)}.
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fuzzy inventory models
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multi-objective modelling
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fuzzy total cost
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fuzzy ramp type demand
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fuzzy deterioration
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lot sizing
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finite production rate
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