Multi-Item Multi-Objective Fuzzy Inventory Model with Possible Constraints
2012
This paper presents a mathematical model of inventory control problem for determining the minimum total cost of multi-item multi-objective fuzzy inventory model. Here, three constraints are taken; they are warehouse space constraint, investment amount constraint and the third constraint is the percentage of utilization of volume of the warehouse space. Warehouse maintenance is one of the essential parts of service operation. The warehouse space in the selling stores plays an important role in stocking the goods. In the proposed model, the warehouse space in the selling store is considered in volume. The demand is depending on the unit cost and the unit cost is taken in fuzzy environment. The model is illustrated with a numerical example.
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