EPQ model with fuzzy coefficient of objective and constraint via parametric geometric programming

EPQ model with fuzzy coefficient of objective and constraint via parametric geometric programming

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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: , ,
Keywords: inventory: order policies, programming: geometric
Abstract:

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.

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