Development of Fuzzy Inventory Model under Decreasing Demand and increasing Deterioration Rate

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Graphical representation of Inventory system
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Published: Nov 2, 2022
DOI: https://doi.org/10.17762/ijfrcsce.v8i4.2109
Keywords:
Decreasing demand, increasing deterioration rate, inventory, fuzzy theory

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Vikashdeep Yadav
Research Scholar Bhagwant University Ajmer (Rajasthan)
B. K. Chaturvedi
Department of Mathematics, Bhagwant University Ajmer (Rajasthan)
A K Malik
School of Sciences, UP Rajarshi Tandon Open University, Prayagraj (U.P.)

Abstract

This research study proposed an inventory model with both the time varying variable deterioration and demand rate under the fuzzy environment. Fuzzy set theory is generally consider with imprecision and uncertainty nature of quantitative coefficients. In this system, we assumed the linearly increasing and decreasing function of time  for deterioration and demand respectively. In this research work, we discuss a fuzzy inventory model solving by signed distance method where demand follow time varying. 

Article Details

How to Cite
Yadav, V. ., Chaturvedi, B. K. ., & Malik, A. K. . (2022). Development of Fuzzy Inventory Model under Decreasing Demand and increasing Deterioration Rate. International Journal on Future Revolution in Computer Science &Amp; Communication Engineering, 8(4), 01–08. https://doi.org/10.17762/ijfrcsce.v8i4.2109
Issue
Vol. 8 No. 4 (2022)
Section
Articles
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This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

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