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
Link To Document