DocumentCode
1561696
Title
´Study on EOQ model in the fuzzy environment
Author
Long, Zhang ; Shiji, Song ; Lianchen, Liu ; Cheng, Wu
Author_Institution
Dept. of Autom., Tsinghua Univ., Beijing, China
Volume
3
fYear
2004
Firstpage
2734
Abstract
To find the optimal reorder point and order quantity which minimize the total average cost, an EOQ model with fuzzy lead time was proposed. By analyzing the convexity of the objective function, the optimal solution was obtained for each α-cut of lead time with Kuhn-Tucher Conditions. Hence, the membership function of the optimal reorder point and order quantity were defuzzified into real number. Furthermore, examples were provided in which the lead time was characterized as a trapezoidal fuzzy number and the optimal reorder point and order quantity were resolved.
Keywords
cost reduction; fuzzy set theory; inventory management; supply chain management; Kuhn-Tucher Conditions; convexity analysis; economic order quantity model; fuzzy environment; fuzzy lead time; fuzzy set theory; membership function; minimization; objective function; optimal reorder point; total average cost; trapezoidal fuzzy number; Automation; Cost function; Environmental economics; Lead time reduction; Probability distribution; Supply chain management; Technology management; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Intelligent Control and Automation, 2004. WCICA 2004. Fifth World Congress on
Print_ISBN
0-7803-8273-0
Type
conf
DOI
10.1109/WCICA.2004.1342096
Filename
1342096
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