Optimal pricing and inventory policies for non-instantaneous deteriorating items with permissible delay in payment: Fuzzy expected value model

International Journal of Industrial Engineering Computations

Volumn 3, Issue 3, 2012, Pages 281-300

  Soni, Hardik N ^a   Patel, Kamlesh A ^b  

^a Chimanbhai Patel Post Graduate Institute of Computer Applications   (India)

^b Shri U P Arts and Smt M G Panchal Science   (India)

Author keywords

Fuzzy expected value inventory; Model; Non instantaneous deterioration; Partial backlogging; Pricing

Indexed keywords

EID: 84871307457     PISSN: 19232926     EISSN: 19232934     Source Type: Journal    
DOI: 10.5267/j.ijiec.2012.02.005     Document Type: Article

References (19)

1. Abad, P. L. (1996). Optimal pricing and lot-sizing under conditions perishability and partial backordering, Management Science, 42, 1093-1104.
2. Abad, P. L. (2001). Optimal price and order size for a reseller under partial backordering, Computers and Operations Research, 28, 53-65.
3. Chang, S. C., and Yao, J. S. (1998). Economic reorder point for fuzzy backorder quantity, European Journal of Operational Research, 109, 183-202.
4. Chen, L. H., and Ouyang, L. Y. (2006). Fuzzy inventory model for deteriorating items with permissible delay in payments, Applied Mathematics and Computation, 182, 711-726.
5. Chen, S. H., Wang, C. C., and Ramer, A. (1996). Backorder fuzzy inventory model under function principle, Information Science, 95, 71-79.
6. De, S. K., & Goswami, A. (2006). An EOQ model with fuzzy inflation rate and fuzzy deterioration rate when a delay in payment is permissible. International Journal of Systems Science, 37, 323-335.
7. Dye, C. Y. (2007). Joint Pricing and Ordering Policy for Deteriorating Inventory with Partial Backlogging, Omega, 35, 184-189.
8. Geetha, K. V., and Uthayakumar, R. (2010). Economic design of an inventory policy for non-instantaneous deteriorating items under permissible delay in payments, Journal of Computational and Applied Mathematics, 233, 2492-2505.
9. Kao, C., and Hsu, W. K. (2002). Lot size-reorder point inventory model with fuzzy demand, Computer and Mathematic with Application, 43, 1291-1302.
10. Liu B, Uncertainty Theory, 2nd ed., Springer-Verlag, Berlin, 2007.
11. Liu, B., and Liu, Y. K. (2001). Expected value of fuzzy variable and fuzzy expected value model, IEEE Transactions on Fuzzy Systems, 12, 253-262.
12. Lee, H. M., and Yao, J. S. (1999). Economic order quantity in fuzzy sense for inventory without backorder model, Fuzzy Sets and Systems, 105, 13-31.
13. Ouyang, L. Y., Wu, K. S., and Yang, C. T. (2006). A study on an inventory model for non-instantaneous deteriorating items with permissible delay in payments, Computers & Industrial Engineering, 51, 637-651.
14. Park, K. S. (1987). Fuzzy-set Theoretic interpretation of economic order quantity, IEEE Transactions System, Man, Cybernetics, SMC-17, 1082-1084.
15. Roy, A., Kar, S., and Maiti, M. (2008). A deteriorating multi-item inventory model with fuzzy costs and resources based on two different defuzzification techniques, Applied Mathematical Modelling, 32, 208-223.
16. Roy, T. K., and Maiti, M. (1997). A fuzzy EOQ model with demand-dependent unit cost under limited storage capacity, European Journal of Operational Research, 99, 425-432.
17. Soni, H., and Shah, N. H. (2011). Optimal Policy For Fuzzy Expected Value Production Inventory Model with imprecise production preparation-time, International Journal of Machine Learning and Cybernetics, 2, 219-224.
18. Wang, X., Tang, W., and Zhao, R. (2007). Fuzzy Economic Order Quantity Inventory Models without Backordering, Tsinghua Science and Technology, 12, 91-96.
19. Wang, X., and Tang, W. (2009). Fuzzy EPQ inventory models with backorder, Journal of System Science and Complexity, 22, 313-323.