1 research outputs found
Development of Fuzzy Inventory Model under Decreasing Demand and increasing Deterioration Rate
This research study proposed an inventory model with both the time varying variable deterioration and demand rate under the fuzzy environment. Fuzzy set theory is generally consider with imprecision and uncertainty nature of quantitative coefficients. In this system, we assumed the linearly increasing and decreasing function of time for deterioration and demand respectively. In this research work, we discuss a fuzzy inventory model solving by signed distance method where demand follow time varying.