Fuzzy eoq model with shortages using kuhns-tucker conditions

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Abstract

The work involves purchase inventory model with shortages under fuzzy environment. An EOQ model is formulated in which the input parameters like order cost, demand rate, carrying cost and penalty cost and the decision variables like the maximum invsentory level and the lot size are fuzzified using triangular fuzzy membership function. An optimum solution of the model is arrived by using Kuhn-Tucker conditions. The crisp values of the proposed model is obtained by defuzzifying the assumed model using Graded mean Integration (GMI) method. Finally the solutions are tabulated and an analsysis of the crisp and fuzzy values of the total cost has been done in this paper.

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Vasanthi, P., Ranganayaki, S., & Kasthuri, R. (2019). Fuzzy eoq model with shortages using kuhns-tucker conditions. International Journal of Engineering and Advanced Technology, 8(6), 822–827. https://doi.org/10.35940/ijeat.F8026.088619

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