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We consider here the inventory problems with infinite rate of replenishment in crisp and fuzzy environments over a finite time horizon for deteriorating multi-items taking time dependent demand and allowing shortages and equal replenishment cycles. Here, the objectives of maximizing the profit and minimizing the replenishment cost are imprecise in nature. Total shortage cost is assumed to be limited...
A profit maximization deteriorating multi-item inventory model with stock-dependent demand is developed in fuzzy environment. Here, the available space for inventory storage is limited, holding cost and selling price are purchasing price dependent and the rate of production is finite and uniform. The fuzzy environment is created making the inventory costs, purchasing price, storage area and the rate...
Inventory Management and production planning are essential tasks for every company in the industry. Therefore, the development of a large set of Economic Order Quantity (EOQ) models is needed. In this paper, a Fuzzy Rough (Fu-Ro) multi-item Economic Production Quantity (EPQ) model is developed with constant demand, infinite production rate having flexibility and reliability consideration in production...
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