An inventory control model: Combining multi-objective programming and fuzzy-chance constrained programming
Author(s) -
Amin Nayebi Mohammad,
Ali Asghar Tavasolian Seied
Publication year - 2012
Publication title -
african journal of business management
Language(s) - English
Resource type - Journals
ISSN - 1993-8233
DOI - 10.5897/ajbm11.2156
Subject(s) - economic shortage , fuzzy logic , mathematical optimization , computer science , stochastic programming , service level , programming paradigm , exponential function , operations research , mathematics , artificial intelligence , statistics , mathematical analysis , linguistics , philosophy , government (linguistics) , programming language
In this paper we developed an inventory model in mixed imprecise and uncertain environment. Presented model is the developed form of r,Q and is a multi-items model with two objectives as minimizing costs (holding and shortage) and risk level under constraints including available budgetary, the least service level, storage spaces and allowable quantities of shortage. Demand distribution functions are assumed to be exponential and extra demands are supposed in two situations as lost sales and backlogging. At first we develop crisp model then fuzzy stochastic model with fuzzy budgetary, allowable quantities of shortage and shortage spaces (that is stochastic with normal distribution function) parameter. All of fuzzy numbers are triangular type. In methodology of solution we change model to a crisp multi-objective by using difuzzification of fuzzy constraints and fuzzy chance-constrained programming methods, and then solve it by fuzzy logic method. Finally an illustrated example is taken and solved using LINGO package.
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