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

G.S. Mahapatra, T.K. Mandal and G.P. Samanta

International Journal of Operational Research, 2013, vol. 17, issue 4, 436-448

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.

Keywords: economic production quantity; EPQ; inventory modelling; reliability; fuzzy sets; interval valued function; parametric geometric programming; fuzzy logic. (search for similar items in EconPapers)
Date: 2013
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