Economic production quantity for fuzzy demand quantity and fuzzy production quantity
Article Abstract:
A comparison of the crisp model and the fuzzy model in computing economic production quantity (EPQ) reveals that the total cost determined by the fuzzy model is slightly higher than the crisp model. The study finds however that the fuzzy model permits better use of the EPQ in the crisp because demand quantity and production quantity per day are not always constant as determined by the crisp model.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1998
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Economic reorder point for fuzzy backorder quantity
Article Abstract:
An analysis of the backorder inventory problem with fuzzy backorder reveals that the resulting model provides fuzzy products whose total cost is slightly higher than that in the crisp model. The study on crisp economic backorder may be used to determine the economic order quantity and the economic backorder quantity and the resulting model permits better use of economic fuzzy quantities.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 1998
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Optimal reorder point inventory models with variable lead time and backorder discount considerations
Article Abstract:
The just-in-time (JIT) inventory systems that are introduced by Japanese companies minimize the setup costs and the lead time in delivering an order. Two inventory models are proposed to study the integrated inventory systems when inventory shortage is unavoidable.
Publication Name: European Journal of Operational Research
Subject: Business, international
ISSN: 0377-2217
Year: 2004
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