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Fuzzy Inventory Model without Shortages Using Signed Distance Method |
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PP: 203-209 |
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Author(s) |
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J. K. Syed,
L. A. Aziz,
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Abstract |
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| In this paper an inventory model without shortage is considered under fuzzy environment.
Costs involved; ordering cost and holding cost, imprecise in nature, considered
as fuzzy parameters. Representing both the costs by fuzzy triangular number, the optimum
order quantity is calculated using Signed Distance Method for defuzzification.
Method is illustrated numerically along with sensitivity analysis. |
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