Single-Period Inventory Models with Fuzzy Shortage Costs Dependent on Random Demands

  title={Single-Period Inventory Models with Fuzzy Shortage Costs Dependent on Random Demands},
  author={Takashi Hasuike and Hiroaki Ishii},
This paper considers single-period inventory models with fuzzy shortage costs dependent on discrete and continuous random demands considering the close relation between consumer’s demands and shortage costs. Since these inventory models include randomness and fuzziness, they are formulated as fuzzy random programming problems. Then, in order to deal with the uncertainty and find the optimal order quantity analytically, the solution approach is proposed using Yager’s ranking method with respect… 


A stochastic inventory problem with fuzzy shortage cost
Fuzzy models for single-period inventory problem
A single-period inventory model with fuzzy random variable demand
Long-term inventory policy-making through fuzzy decision-making models
Fuzzy models for the newsboy problem
The single-period (news-vendor) problem: literature review and suggestions for future research
Ranking fuzzy numbers with integral value
A study of the ranking function approach through mean values