| Article ID: | iaor20022650 |
| Country: | Netherlands |
| Volume: | 138 |
| Issue: | 3 |
| Start Page Number: | 545 |
| End Page Number: | 553 |
| Publication Date: | May 2002 |
| Journal: | European Journal of Operational Research |
| Authors: | Ishii Hiroaki, Katagiri Hideki |
| Keywords: | fuzzy sets |
This paper considers an inventory control model for a single perishable product with a fuzzy shortage cost and a fuzzy outdating cost. This model is a single-period horizon model. Due to fuzziness of shortage and outdating costs, an expected profit function is represented with a fuzzy set. The purpose of this paper is to find the solution maximizing the expected profit function. After defining a nondominated ordering quantity based on fuzzy max order, we seek some of them and investigate an effect of the fuzziness on the obtained solutions.