Paper Info
Title
Backlogging EOQ model for promotional effort and selling price sensitive demand- an intuitionistic fuzzy approach
Abstract
An intuitionistic fuzzy economic order quantity (EOQ) inventory model with backlogging is investigated using the score functions for the member and non-membership functions. The demand rate is varying with selling price and promotional effort (PE). A crisp model is formulated first. Then, intuitionistic fuzzy set and score function (or net membership function) are applied in the proposed model, considering selling price and PE as fuzzy numbers. To obtain the best inventory policy, ranking index method has been adopted, showing that the score function can maintain the ranking rule also. Moreover, optimization is made under the general fuzzy optimal (GFO) and intuitionistic fuzzy optimal (IFO) policy. Finally, a graphical illustration, numerical examples with sensitivity analysis and conclusion is made to justify the model.
Year
DOI
Venue
2015
10.1007/s10479-013-1476-3
Annals of Operations Research
Keywords
Field
DocType
Fuzzy inventory,Fuzzy shortage,Fuzzy selling price,Fuzzy promotional effort,Intuitionistic fuzzy set,Score function,α,-Cut,Optimization
Mathematical optimization,Defuzzification,Economic order quantity,Fuzzy set operations,Fuzzy logic,Fuzzy transportation,Fuzzy set,Fuzzy number,Membership function,Mathematics
Journal
Volume
Issue
ISSN
233
1
0254-5330
Citations 
PageRank 
References 
12
0.66
27
Authors
2
Name
Order
Citations
PageRank
Sujit Kumar De1438.01
Shib Sankar Sana250937.62