Authors: R.H. Waliv; H.P. Umap
Addresses: Department of Statistics, Kisan Veer Mahavidyalaya, Wai Maharashtra, India ' Department of Statistics, Y.C. Institute of Science, Satara, Maharashtra, India
Abstract: In this paper multi-item fuzzy profit maximisation inventory model with ramp type demand under imprecise space, budget constraints and imprecise holding cost with two storage facilities are presented. There are two warehouses, one is situated at market place called as own warehouse (OW) and another is little away from market place called as rented warehouse (RW). The sale is conducted from OW and the sold items are replaced continuously by the items at RW. Here shortages are not allowed. The fuzzy model has been solved by using fuzzy nonlinear programming technique and illustrated numerically.
Keywords: ramp type demand; deteriorating items; linear membership function; fuzzy nonlinear programming technique.
International Journal of Procurement Management, 2018 Vol.11 No.4, pp.443 - 454
Received: 02 Dec 2016
Accepted: 02 Mar 2017
Published online: 05 Apr 2018 *