• 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