A volume flexible fuzzy production inventory model under interactive and simulation approach
type: Item
instance of: scholarly article
title: A volume flexible fuzzy production inventory model under interactive and simulation approach
zbMATH Open document ID: 1390.90018
DOI: 10.1504/IJMOR.2012.048903
author: Barun Das
author: Manoranjan Maiti
published in: International Journal of Mathematics in Operational Research
publication date: 2018-05-29T00:00:00Z
review text: Summary: This paper concerns Economic Production Quantity (EPQ) policies with volume flexiblity manufacturing system for deteriorating items. In this situation, the demand occurs in accordance with stock, after a certain level. In order to make more realistic, this paper proposes that the inventory costs, selling price, storage space, and available budget are defined in imprecise nature. The objective is to determine the optimal production rate and time that maximise the total profit of the system. The equivalent multi-objective problem with space and budget constraints is optimised using: (i) interactive fuzzy decision making approach, (ii) necessity approach jointly with fuzzy simulation and Contractive Mapping Genetic Algorithm (CMGA). The model is illustrated numerically and the results obtained from different approaches are compared.
Mathematics Subject Classification ID: 90B05
Mathematics Subject Classification ID: 90C59
Mathematics Subject Classification ID: 90C29
zbMATH DE Number: 6875989
zbMATH Keywords: flexible manufacturing systems
zbMATH Keywords: FMS
zbMATH Keywords: interactive approach
zbMATH Keywords: necessity approach
zbMATH Keywords: fuzzy simulation
zbMATH Keywords: CMGA
zbMATH Keywords: contractive mapping genetic algorithm
MaRDI profile type: Publication
full work available at URL: ijmor.2012.048903
OpenAlex ID: W2112359973
description: scientific article; zbMATH DE number 6875989