Fuzzy economic production quantity model with time dependent demand rate
Background: In this paper, an economic production quantity model is considered under a fuzzy environment. Both the demand cost and holding cost are considered using fuzzy pentagonal numbers. The Signed Distance Method is used to defuzzify the total cost function. Methods: The results obtained by the...
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| Veröffentlicht in: | LogForum (Poznań, Poland) Poland), 2016-01, Vol.12 (3) |
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| container_title | LogForum (Poznań, Poland) |
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| creator | Indrajitsingha, Susanta Kumar Routray, Sudhansu Sekhar Paikray, Susanta Kumar Misra, Umakanta |
| description | Background: In this paper, an economic production quantity model is considered under a fuzzy environment. Both the demand cost and holding cost are considered using fuzzy pentagonal numbers. The Signed Distance Method is used to defuzzify the total cost function. Methods: The results obtained by these methods are compared with the help of a numerical example. Sensitivity analysis is also carried out to explore the effect of changes in the values of some of the system parameters. Results and conclusions: The fuzzy EPQ model with time dependent demand rate was presented together with the possible implementation. The behavior of changes in parameters was analyzed. The possible extension of the implementation of this method was presented. |
| doi_str_mv | 10.17270/J.LOG.2016.3.1 |
| format | Article |
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Both the demand cost and holding cost are considered using fuzzy pentagonal numbers. The Signed Distance Method is used to defuzzify the total cost function. Methods: The results obtained by these methods are compared with the help of a numerical example. Sensitivity analysis is also carried out to explore the effect of changes in the values of some of the system parameters. Results and conclusions: The fuzzy EPQ model with time dependent demand rate was presented together with the possible implementation. The behavior of changes in parameters was analyzed. 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| issn | 1895-2038 1734-459X |
| language | eng |
| recordid | cdi_proquest_journals_1940151156 |
| source | EBSCOhost Business Source Complete; EZB-FREE-00999 freely available EZB journals |
| subjects | Economic models Production planning Sensitivity analysis |
| title | Fuzzy economic production quantity model with time dependent demand rate |
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