A single-period inventory model with fuzzy random variable demand
This paper presents a single-period inventory problem in an imprecise and uncertain mixed environment. The aim of this paper is to introduce demand as a fuzzy random variable. To determine the optimal order quantity a new methodology is developed for this model in presence of fuzzy random variable d...
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| Veröffentlicht in: | Mathematical and computer modelling 2005-04, Vol.41 (8), p.915-922 |
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| container_title | Mathematical and computer modelling |
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| creator | Dutta, P. Chakraborty, D. Roy, A.R. |
| description | This paper presents a single-period inventory problem in an imprecise and uncertain mixed environment. The aim of this paper is to introduce demand as a fuzzy random variable. To determine the optimal order quantity a new methodology is developed for this model in presence of fuzzy random variable demand where the optimum is achieved using a graded mean integration representation. To illustrate the model the classical newsboy problem is considered. |
| doi_str_mv | 10.1016/j.mcm.2004.08.007 |
| format | Article |
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| ispartof | Mathematical and computer modelling, 2005-04, Vol.41 (8), p.915-922 |
| issn | 0895-7177 1872-9479 |
| language | eng |
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| source | Elsevier ScienceDirect Journals Complete; EZB-FREE-00999 freely available EZB journals |
| subjects | Calculus of variations and optimal control Exact sciences and technology Fuzzy random variable Mathematical analysis Mathematics Newsboy problem Optimal order quantity Sciences and techniques of general use Single-period inventory model |
| title | A single-period inventory model with fuzzy random variable demand |
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