Abstract: In this paper a study has been carried out using crisp and fuzzy inventory model for the deteriorating items under trapezoidal fuzzy numbers when the supplier offered price discount to the retailer at the time of replenishment. In this model the deterioration rate is constant. Many researchers suggested, demand rate in the inventory models are constant, exponential (increase/decrease)...

This paper analysis single-period inventory models with discrete demand under fuzzy environment. In the proposed models three different cases are examined. In the first case, demand is represented by a triangular fuzzy number and a discrete membership function. In the second case, demand is a stochastic variable while inventory costs such as unit holding cost and unit shortage cost are imprecis...

This paper presents a multi-product multi-period inventory problem with random replenishment intervals and fuzzy costs under space and shortage level constraints. Since the costs (purchasing, holding and backordering) related to inventory system are often imprecise and the replenishment intervals are random in real life, the proposed model is also fuzzy-random Here, the replenishment intervals ...

: In real life situations, especially for new products, the probability is not known due to lack of historical data and adequate information. Then these parameters and variables are treated as fuzzy parameters. Fuzzy set theory is now applied to problems in engineering, business, medical and related health sciences and natural sciences. Over the years there have been successful applications and...

The modern business environment is highly unpredictable. An anticipation approach in a real case study is presented to cope with such instability and minimize the total inventory cost without stock-outs occurring and inventory capacity being exceeded. The anticipation concept is performed using simulation models supported by inventory control algorithms on a selected sample of representative it...

This paper examines the utility of fuzzy control over crisp in situations where the control opportunities are limited and the system response to control actions is delayed. Such situations are often encountered in production systems where limited resources restrict the control opportunities and the operation time delays the response. The performance of a real-time production-inventory control s...

Paknejad et al.’s model is considered in this paper. Itemwise multiobjective models for both exponential and uniform lead-time demand are taken and the results are compared numerically both in fuzzy optimization and intuitionistic fuzzy optimization techniques. Objective of this paper is to establish that intuitionistic fuzzy optimizaion method is better than usual fuzzy optimization technique ...

The modelling of real-world complex systems is an area of ongoing interest for the research community. Real-world systems present a variety of challenges not least of which is the problem of uncertainty inherent in their operation. In this research the problem of inventory management was chosen. The goal was to discover a suitable configuration for a Simulated Annealing search with a fuzzy inve...