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Multi-Item Deterministic Fuzzy Inventory Model

Author

Listed:
  • V. S. S. YADAVALLI

    (Department of Industrial & Systems Engineering, University of Pretoria, 0002 Pretoria, South Africa)

  • M. JEEVA

    (Department of Mathematics, Ethiraj College, Chennai, India)

  • RAJALAKSHMI RAJAGOPALAN

    (Department of Mathematics, Loyola College, Chennai, India)

Abstract

In this note, a fuzzy inventory model with multiple items is considered. Economic order quantities (EOQs) are developed for these items. The costs involved in inventory are always assumed to be exact, otherwise called as crisp or hard, but in practice these costs are not exact or precise but vary over a range. In such cases an application of fuzzy set theory plays a vital role in obtaining the EOQ. An application of this model to manpower planning is studied with an example; sensitivity analysis is also made.

Suggested Citation

  • V. S. S. Yadavalli & M. Jeeva & Rajalakshmi Rajagopalan, 2005. "Multi-Item Deterministic Fuzzy Inventory Model," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 22(03), pages 287-295.
  • Handle: RePEc:wsi:apjorx:v:22:y:2005:i:03:n:s0217595905000637
    DOI: 10.1142/S0217595905000637
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