A Fuzzy Based Two Warehouses Inventory Model for Deteriorating Items

Provided by: International Journal of Soft Computing and Engineering (IJSCE)
Topic: Data Management
Format: PDF
In real life situations, especially for new products, the probability is not known due to lack of historical data and adequate information. Then these parameters and variables are treated as fuzzy parameters. Fuzzy set theory is now applied to problems in engineering, business, medical and related health sciences and natural sciences. Over the years there have been successful applications and implementations of fuzzy set theory in production management. In this paper, a fuzzy based two warehouses inventory model has been developed with exponential demand.

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