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Effect of demand boosting policy on optimal inventory policy for imperfect lot size with backorder in fuzzy environment

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Języki publikacji
EN
Abstrakty
EN
This paper investigates an Economic Order Quantity (EOQ) model with backorder by taking imprecise demand rate with dependence upon the frequency of advertisement. The formulated model also incorporates learning effects on percentage of defective items present in each lot. Due to imprecision in demand, the obtained profit function is fuzzy. To determine the optimal values, we determine the equivalent crisp profit function by applying the signed distance method. Optimal order quantity and backorder level are obtained by using algebraic method in place of differential calculus. A numerical example is used to study the behavior of the model with respect to different inventory parameters. All calculations are performed with MATLAB 7.4.
Rocznik
Strony
191--212
Opis fizyczny
Bibliogr. 41 poz., wykr.
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autor
autor
autor
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-article-BATC-0009-0043
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