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

@inproceedings{Hasuike2010SinglePeriodIM,
  title={Single-Period Inventory Models with Fuzzy Shortage Costs Dependent on Random Demands},
  author={Takashi Hasuike and Hiroaki Ishii},
  booktitle={IUM},
  year={2010}
}
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… 

References

SHOWING 1-10 OF 17 REFERENCES

A stochastic inventory problem with fuzzy shortage cost

Fuzzy inventory problems for perishable commodities

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

Inventory management and production planning and scheduling

Fuzzy-set theoretic interpretation of economic order quantity

  • K. S. Park
  • Business
    IEEE Transactions on Systems, Man, and Cybernetics
  • 1987
The EOQ formula is reexamined in a fuzzy-set-theoretic perspective in view of the inherently fuzzy aspect of the cost determination.