2024
DOI: 10.3390/axioms13110743
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A Hybrid Fuzzy Mathematical Programming Approach for Manufacturing Inventory Models with Partial Trade Credit Policy and Reliability

Prasantha Bharathi Dhandapani,
Kalaiarasi Kalaichelvan,
Víctor Leiva
et al.

Abstract: This study introduces an inventory model for manufacturing that prioritizes product quality and cost efficiency. Utilizing fuzzy logic and mathematical programming, the model integrates fuzzy numbers to describe uncertainties associated with manufacturing costs and quality control parameters. The model extends beyond conventional inventory systems by incorporating a dynamic mechanism to halt production, employing fuzzy decision variables to optimize the economic order quantity and minimize total costs. Key inn… Show more

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