Article ID: | iaor20134117 |
Volume: | 17 |
Issue: | 4 |
Start Page Number: | 436 |
End Page Number: | 448 |
Publication Date: | Jun 2013 |
Journal: | International Journal of Operational Research |
Authors: | Samanta G P, Mahapatra G S, Mandal T K |
Keywords: | inventory: order policies, programming: geometric |
In this paper, an economic production quantity model with demand and reliability dependent unit production cost, with the reliability and setup cost and dependent depreciation cost has been developed. The limited deprecation cost of the economic production quantity model is taken as constraint function. The coefficient parameters of the production model are imprecise in nature. The problem is solved based on fuzzy parametric geometric programming technique. A numerical example is given to illustrate the model using proposed procedure.