An inventory model for single-period products with reordering opportunities under fuzzy demand

被引：41
|
作者：
Dutta, Pankaj [1 ]
Chakraborty, Debjani [1 ]
Roy, A. R. [1 ]
机构：
[1] Indian Inst Technol, Dept Math, Kharagpur 721302, W Bengal, India
来源：
COMPUTERS & MATHEMATICS WITH APPLICATIONS | 2007年 / 53卷 / 10期
关键词：
single-period inventory; fuzzy demand; reordering strategy; profit maximization;
D O I：
10.1016/j.camwa.2006.04.029
中图分类号：
O29 [应用数学];
学科分类号：
070104 ;
摘要：
This paper analyzes a single-period inventory model of profit maximization with a reordering strategy in an imprecise environment. The entire period is divided into two slots and the customer demand is considered as a fuzzy number in situations where the demand in each slot is linguistic in nature and characterized as 'demand is about d'. The reordering is to be done during the mid-season after the early-season demand has been observed. The objective is to determine the optimal order quantity in maximizing the expected resultant profit by considering the fuzzy demand and reordering strategy in the single-period framework. The solution procedure is presented using ordering of fuzzy numbers with respect to their possibilistic mean values. Numerical examples are given to illustrate the efficiency of this strategy. (C) 2007 Elsevier Ltd. All rights reserved.
引用
收藏
页码：1502 / 1517
页数：16
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