Geometric Programming Approach to an Interactive Fuzzy Inventory Problem

Nirmal Kumar Mandal

Advances in Operations Research, 2011, vol. 2011, 1-17

Abstract:

An interactive multiobjective fuzzy inventory problem with two resource constraints is presented in this paper. The cost parameters and index parameters, the storage space, the budgetary cost, and the objective and constraint goals are imprecise in nature. These parameters and objective goals are quantified by linear/nonlinear membership functions. A compromise solution is obtained by geometric programming method. If the decision maker is not satisfied with this result, he/she may try to update the current solution to his/her satisfactory solution. In this way we implement man-machine interactive procedure to solve the problem through geometric programming method.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlaor:521351

DOI: 10.1155/2011/521351

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