An Inventory Model with Fuzzy Deterioration and Fully Backlogged Shortage under Inflation

2014 
Looking through the inventory models with deteriorating items shows that the deterioration rate is considered constant in most of the previous researches. But,in the real world, deterioration rate is not actually constant and slightly disturbed from its original crisp value. In this paper a more realistic inventory model with fuzzy deterioration and fully backlogged shortage under inflation is considered. The mathematical model is formulated to obtain the optimal value of the fuzzy total cost. The numerical example is used to illustrate the computation procedure. A sensitivity analysis is also carried out to get the sensitiveness of the tolerance of different input
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