A comprehensive study of an economic order quantity model under fuzzy monsoon demand

Abstract

This article deals with a classical economic order quantity (EOQ) model under monsoon type fuzzy demand rate. It is nothing but the generalization of cloudy fuzzy model. We split the EOQ model into three parts according to the real-time fuzzy components of the demand rate. To defuzzify the model we develop an algorithm and the solution is obtained with the help of a nonlinear optimization technique that requires maximum aspiration level of the fuzzy membership of the objective function. Moreover, for comparative study we take numerical results of the crisp, general fuzzy and cloudy fuzzy model also. By this study we have shown that the decision maker might have to choose the monsoon type fuzzy environment all the time to control the proposed inventory. Moreover, sensitivity analysis and graphical illustrations are made to justify the new fuzzy approach. adhana(0123456789().,-volV)FT3 ](0123456789().,-volV)

An imperfect production inventory model with advance payment and credit period in a two-echelon supply chain management

“…One limitation of this paper is that the advance payment part α belongs to the range 0 < α < 1 3 as obtained in Lemma 3.2. Some possible future directions for research are that: (i) the paper can be extended to imperfect production inventory model with two-layer supply chain with multi-items with fuzzy monsoon demand De and Mahata [12] and (ii) can be extended to imperfect production inventory model with three-layer supply chain retailer offers credit period to his/her customer.…”

Optimizing Inventory Replenishment for Seasonal Demand with Discrete Delivery Times

“…Sakulsom and Tharmmaphornphilas [3] investigated the periodic-review policy with seasonal demand, with known lead time, where there is one warehouse and N retailers. DE and Mahata [47] investigated an EOQ model under monsoon type fuzzy demand rate where cycle time is a decision variable, without any consideration for lead time, and shortages are not allowed. Sakulsom and Tharmmaphornphilas [48] considered the case when the system has a seasonal demand within a cycle of one week, and generated heuristics for a periodic-review policy.…”

Solution of an imperfect‐quality EOQ model with backorder under fuzzy lock leadership game approach

“…31 The cloudy fuzzy set is basically the better extensions of De and Beg. 32,33 In its continuation researchers, like, Karmakar et al 34,35 and De and Mahata, 36 have utilized fuzzy lock set, dense fuzzy set, and monsoon-type fuzzy set, respectively, in developing their models also. Recently De 37 studied a new defuzzification method involving time-series data.…”