Title of article :
A minimax distribution free procedure for mixed inventory model involving variable lead time with fuzzy demand
Author/Authors :
Liang-Yuh Ouyang، نويسنده , , Jing-Shing Yao، نويسنده ,
Issue Information :
دوهفته نامه با شماره پیاپی سال 2002
Abstract :
In a recent paper, Ouyang and Wu applied the minimax decision approach to solve a continuous review mixed inventory model in which the lead time demand distribution information is unknown but the annual demand is fixed and given. However, in the practical situation, the annual demand probably incurs disturbance due to various uncertainties. In this article, we attempt to modify Ouyang and Wuʹs model by considering two fuzziness of annual demand (i.e., fuzzy number of annual demand and statistic-fuzzy number of annual demand) and to investigate a computing schema for the continuous review inventory model in the fuzzy sense. We give an algorithm procedure to obtain the optimal ordering strategy for each case.
Keywords :
Minimax distribution free procedure , membership function , Inventory , Fuzzy total cost , Extension principle
Journal title :
Computers and Operations Research
Journal title :
Computers and Operations Research