International Journal of Applied Research
Vol. 2, Issue 3, Part L (2016)
Continuous review inventory model under fuzzy environment without backorder for deteriorating items
P D Patel, Dr. A S Gor, Pravin Bhathawala
In this paper we have developed a continuous review inventory model for deteriorating items without shortage under fuzzy environment. Linear demand rate and uncertain cycle time is taken and it is possible to describe it by symmetric triangular fuzzy number. The results are illustrated with the help of numerical example. If the uncertainties are accounted for inappropriate manner, the percent of increase in cycle time is also discussed. A sensitivity analysis is carried out to demonstrate the effects of changing different parameter values on the optimal solution of the system.
How to cite this article:
P D Patel, Dr. A S Gor, Pravin Bhathawala. Continuous review inventory model under fuzzy environment without backorder for deteriorating items. International Journal of Applied Research. 2016; 2(3): 682-686.