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A New Approach to Economic Production Quantity Problems with Fuzzy Parameters and Inventory Constraint

József Mezei, Kaj-Mikael Björk, A New Approach to Economic Production Quantity Problems with Fuzzy Parameters and Inventory Constraint. In: International Conference on Information Processing and Management of Uncertainty in Knowledge-Based Systems, Communications in Computer and Information Science 442, 406–415, Springer, 2014.

http://dx.doi.org/10.1007/978-3-319-08795-5_42

Abstract:

In this paper, we will develop a new multi-item economic production quantity model with limited storage space. This new model will then be extended to allow for fuzzy demand and solved numerically with a non-linear programming solver for two cases: in the first case the optimization problem will be defuzzified with the signed distance measure and in the second case, the storage constraint needs to be fulfilled, only to a certain degree of possibility. Both cases are solved and illustrated with an example.

BibTeX entry:

@INPROCEEDINGS{aconv20389,
  title = {A New Approach to Economic Production Quantity Problems with Fuzzy Parameters and Inventory Constraint},
  booktitle = {International Conference on Information Processing and Management of Uncertainty in Knowledge-Based Systems},
  author = {Mezei, József and Björk, Kaj-Mikael},
  volume = {442},
  series = {Communications in Computer and Information Science},
  publisher = {Springer},
  pages = {406–415},
  year = {2014},
  ISSN = {1865-0929},
}

Belongs to TUCS Research Unit(s): Institute for Advanced Management Systems Research (IAMSR)

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