INVENTORY MODEL OF DETERIORATING ITEMS FOR SUPERMARKET: A FUZZY APPROACH |
The goal of this strategy is to reduce the cost of inventory for supermarket issues. We investigate an inventory model of decaying items with a stock-dependent demand rate in which shortages are not permitted in this study. This model's cycle time is split into two sections. The demand is assumed to be stock dependant in the first interval and constant in the second. Due to the uncertainty of the majority of the factors, we treat demand, holding cost, deterioration cost, and deterioration rate as pentagonal fuzzy numbers that are defuzzified using the Signed distance approach. The results are illustrated with a numerical example and graphical analysis. Sensitivity analysis has also been performed for various system parameter values.
Please see the link :- https://www.ikprress.org/index.php/AJOMCOR/article/view/977
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