{"title":"Fuzzy warehouse inventory model for items with imperfect quality under trade credit policy and inflationary conditions","authors":"S. Singh, Pinky Saxena","doi":"10.1109/CIPECH.2014.7019050","DOIUrl":null,"url":null,"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.","PeriodicalId":170027,"journal":{"name":"2014 Innovative Applications of Computational Intelligence on Power, Energy and Controls with their impact on Humanity (CIPECH)","volume":"214 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2014-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2014 Innovative Applications of Computational Intelligence on Power, Energy and Controls with their impact on Humanity (CIPECH)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CIPECH.2014.7019050","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
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.
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