Multi-item economic production quantity model under single valued bipolar neutrosophic environment based on possibilistic theory

Abstract

 It is challenging for a decision-maker to decide a proper decision in severe situations of multi-aspirated real-life problems.So there is always an ambiguity in the mind of decision maker. Keeping such vagueness in mind, this paper aims to incorporate some situation parameters imprecise in nature. The imprecise parameters are taken in single-valued bipolar neutrosophic environments. Different arithmetic operations on the single-valued bipolar neutrosophic number using the (α, β) cut method are proposed in this paper. Using this we have calculated the possibility mean of single valued bipolar neutrosophic numbers. A multi-item economic production quantity model with one time only discount is considered here with some parameters in single valued bipolar neutrosophic number as a case study of our proposed work. A possibilistic mean de-fuzzification technique is used here using possibility measures. Finally, numerical illustration and sensitivity analysis is done for different variables to emphasize the excellence of our proposed work.