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Fuzzy mixture two warehouse inventory model involving fuzzy random variable lead time demand and fuzzy total demand

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  • Debdulal Panda
  • Mahendra Rong
  • Manoranjan Maiti

Abstract

This paper considers a two-warehouse fuzzy-stochastic mixture inventory model involving variable lead time with backorders fully backlogged. The model is considered for two cases—without and with budget constraint. Here, lead-time demand is considered as a fuzzy random variable and the total cost is obtained in the fuzzy sense. The total demand is again represented by a triangular fuzzy number and the fuzzy total cost is derived. By using the centroid method of defuzzification, the total cost is estimated. For the case with fuzzy-stochastic budget constraint, surprise function is used to convert the constrained problem to a corresponding unconstrained problem in pessimistic sense. The crisp optimization problem is solved using Generalized Reduced Gradient method. The optimal solutions for order quantity and lead time are found in both cases for the models with fuzzy-stochastic/stochastic lead time and the corresponding minimum value of the total cost in all cases are obtained. Numerical examples are provided to illustrate the models and results in both cases are compared. Copyright Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Debdulal Panda & Mahendra Rong & Manoranjan Maiti, 2014. "Fuzzy mixture two warehouse inventory model involving fuzzy random variable lead time demand and fuzzy total demand," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 22(1), pages 187-209, March.
    • Handle: RePEc:spr:cejnor:v:22:y:2014:i:1:p:187-209
    DOI: 10.1007/s10100-013-0284-9
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    References listed on IDEAS

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    1. Ouyang, Liang-Yuh & Chang, Hung-Chi, 2002. "A minimax distribution free procedure for mixed inventory models involving variable lead time with fuzzy lost sales," International Journal of Production Economics, Elsevier, vol. 76(1), pages 1-12, March.
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    4. Mahendra Rong & Manoranjan Maiti, 2010. "A two-warehouse inventory model with stochastic demand, controllable lead time and fuzzy present value: a technique to deal with arbitrary fuzzy number," International Journal of Operational Research, Inderscience Enterprises Ltd, vol. 8(2), pages 208-229.
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