| Author: | Yao, J.-S. Ouyang, L.-Y. Chang, H.-C. |
| Title: | Models for a fuzzy inventory of two replaceable merchandises without backorder based on the signed distance of fuzzy sets |
| Journal: | European Journal of Operational Research
2003 : NOV, VOL. 150:3, p. 601-616 |
| Index terms: | Inventory control Fuzzy sets Monopoly Competition |
| Language: | eng |
| Abstract: | This paper investigates the inventory problems for two mutually complementary merchandises. First the authors consider the merchandise in a monopoly market, and then in a perfect competitive market. With fuzzy sets concept, the authors discuss how to determine the optimal ordering policy for the aforementioned inventory problem such that the total related cost is minimum. Three results are obtained and the numerical examples are provided to illustrate these results. |
SCIMA