UGC Approved Journal no 63975(19)

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Published in:

Volume 6 Issue 1
January-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRDY06048


Registration ID:
233057

Page Number

300-304

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Title

Replenishing Inventory Model with Fuzzy Techniques

Abstract

The basic EOQ model is framed keeping all the cost parameters to a constant value. But originally these values are not fixed in nature. These values are subjected to the changes occurring in the market. The total value of the system as determined by these constant values do not predict a correct valuation of the model. This unpredicted behavior of the parameters is studied in the fuzzy sense which incorporates the changes prevailing in the market to these parameters and hence gives an accurate measure of the system. This work presents a model which is fuzzified using the pentagonal fuzzy number system. The cost values are then defuzzified using the graded mean representation method. The values are then compared with the crisp values of the inventory model which provides significant logical propositions. Numericals are used to verify the mathematical procedure.

Key Words

Pentagonal Fuzzy Number, Inventory, Graded Mean Representation Method, Defuzzification.

Cite This Article

"Replenishing Inventory Model with Fuzzy Techniques", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.300-304, January 2019, Available :http://www.jetir.org/papers/JETIRDY06048.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Replenishing Inventory Model with Fuzzy Techniques", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp300-304, January 2019, Available at : http://www.jetir.org/papers/JETIRDY06048.pdf

Publication Details

Published Paper ID: JETIRDY06048
Registration ID: 233057
Published In: Volume 6 | Issue 1 | Year January-2019
DOI (Digital Object Identifier):
Page No: 300-304
Country: -, -, - .
Area: Science & Technology
ISSN Number: 2349-5162
Publisher: IJ Publication


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