Author:
Ranganayaki S,Kasthuri R,Vasanthi P
Abstract
Abstract
The research involves the estimation of minimum total cost of an inventory under both stable and imprecise environment. Demand related to unit cost is assumed here. Cost parameters and decision variables are uncertain in nature that are defuzzified by signed distance method. The KKT conditions are applied to optimize the objective function.. Numerical example is contributed to describe the comparison between crisp and fuzzy solutions.
Subject
General Physics and Astronomy