A Warehouse Imperfect Fuzzified Production Model with Shortages under Inflationary Conditions
Author(s) -
S.R. Singh,
Shalini Jain,
Sarla Pareek
Publication year - 2012
Publication title -
advances in decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.178
H-Index - 13
eISSN - 2090-3367
pISSN - 2090-3359
DOI - 10.1155/2012/638060
Subject(s) - weibull distribution , economic shortage , warehouse , imperfect , production (economics) , production rate , fuzzy logic , sensitivity (control systems) , computer science , operations research , holding cost , economics , mathematical optimization , econometrics , mathematics , microeconomics , statistics , business , industrial engineering , engineering , marketing , artificial intelligence , electronic engineering , government (linguistics) , linguistics , philosophy
We develop a two-warehouse production model with imperfect items. Production rate is taken as the linear combination of on-hand inventory and demand, while demand rate is taken as function of time. Most of the researchers consider that the production rate is independent from the demand rate. In this paper we assume production rate as being dependent on the demand rate, and this assumption is more realistic. Shortages are allowed and partially backlogged with time-dependent backlogging rate. Due to different preservation facilities we consider that the deterioration rate is time dependent in own warehouse (OW) and Weibull distribution deterioration in rented warehouse (RW). Holding cost in RW is greater than in OW. We developed a fuzzy model with fuzzifying all the costs of the model as triangular fuzzy numbers. The present model is developed in both crisp and fuzzy senses. Finally, numerical example is shown, and sensitivity is also illustrated
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