• DocumentCode
    237505
  • Title

    Fuzzy warehouse inventory model for items with imperfect quality under trade credit policy and inflationary conditions

  • Author

    Singh, S.R. ; Saxena, Pratiksha

  • Author_Institution
    Dept. of Math., DN (PG) Coll., Meerut, India
  • fYear
    2014
  • fDate
    28-29 Nov. 2014
  • Firstpage
    69
  • Lastpage
    74
  • Abstract
    The objective of this study is to derive the optimal retailer´s replenishment policy for imperfect quality items in fuzzy environment. The effect of permissible delay in payments is also considered. It is assumed that production rate depends on the demand rate. Due to different preservation facilities, we consider that the deterioration rate is time dependent in own warehouse (O.W) and Wei-bull distribution in rented warehouse (R.W). The ordering cost, purchasing cost, holding cost and selling price are taken as fuzzy numbers.
  • Keywords
    commerce; inflation (monetary); warehouse automation; Wei-bull distribution; demand rate; fuzzy environment; fuzzy warehouse inventory model; holding cost; inflationary conditions; optimal retailer replenishment policy; ordering cost; production rate; purchasing cost; rented warehouse; selling price; trade credit policy; Computational intelligence; Computational modeling; Delays; Integrated circuits; Mathematical model; Production; Sensitivity analysis; Deterioration; Fuzzy; Inflation; Permissible delay in payment; supply chain; warehouse;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence on Power, Energy and Controls with their impact on Humanity (CIPECH), 2014 Innovative Applications of
  • Conference_Location
    Ghaziabad
  • Type

    conf

  • DOI
    10.1109/CIPECH.2014.7019050
  • Filename
    7019050