Multi-objective Fuzzy Reliability Optimization Model: A Parametric Geometric Programming Approach

This paper presents a multi-objective reliability optimization model taking system reliability and cost of a series system as objective functions. Due to the vagueness of judgements of the decision maker, the objective as well as constraint goal can involve many uncertain factor and other imprecise parameters with vague in nature in a reliability optimization model. Thus the model is formulated in fuzzy environment by considering cost coefficients and the exponential factor as triangular fuzzy number. Here, the nearest interval approximation method is applied to make the fuzzy model in crisp in nature. There are two types of parametric geometric programming technique is used to solve the proposed model. The performance of these two types of solution approach is evaluated by numerical example at the end of this paper.