Inventory Model of Deteriorating Items with Two-Warehouse and Stock Dependent Demand Using Genetic Algorithm in Fuzzy Environment
Yugoslav journal of operations research, Tome 22 (2012) no. 1, p. 57
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Multi-item inventory model for deteriorating items with stock dependent
demand under two-warehouse system is developed in fuzzy environment (purchase cost,
investment amount and storehouse capacity are imprecise ) under inflation and time
value of money. For display and storage, the retailers hire one warehouse of finite
capacity at market place, treated as their own warehouse (OW), and another warehouse
of imprecise capacity which may be required at some place distant from the market,
treated as a rented warehouse (RW). Joint replenishment and simultaneous transfer of
items from one warehouse to another is proposed using basic period (BP) policy. As
some parameters are fuzzy in nature, objective (average profit) functions as well as some
constraints are imprecise in nature, too. The model is formulated so to optimize the
possibility/necessity measure of the fuzzy goal of the objective functions, and the
constraints satisfy some pre-defined necessity. A genetic algorithm (GA) is used to solve
the model, which is illustrated on a numerical example.
Classification :
90B05
Keywords: Possibility/necessity measures, inflation, time value of money, deterioration, genetic algorithm.
Keywords: Possibility/necessity measures, inflation, time value of money, deterioration, genetic algorithm.
@article{YJOR_2012_22_1_a4,
author = {D. Yadav and S.R. Singh and R. Kumari},
title = {Inventory {Model} of {Deteriorating} {Items} with {Two-Warehouse} and {Stock} {Dependent} {Demand} {Using} {Genetic} {Algorithm} in {Fuzzy} {Environment}},
journal = {Yugoslav journal of operations research},
pages = {57 },
year = {2012},
volume = {22},
number = {1},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2012_22_1_a4/}
}
TY - JOUR AU - D. Yadav AU - S.R. Singh AU - R. Kumari TI - Inventory Model of Deteriorating Items with Two-Warehouse and Stock Dependent Demand Using Genetic Algorithm in Fuzzy Environment JO - Yugoslav journal of operations research PY - 2012 SP - 57 VL - 22 IS - 1 UR - http://geodesic.mathdoc.fr/item/YJOR_2012_22_1_a4/ LA - en ID - YJOR_2012_22_1_a4 ER -
%0 Journal Article %A D. Yadav %A S.R. Singh %A R. Kumari %T Inventory Model of Deteriorating Items with Two-Warehouse and Stock Dependent Demand Using Genetic Algorithm in Fuzzy Environment %J Yugoslav journal of operations research %D 2012 %P 57 %V 22 %N 1 %U http://geodesic.mathdoc.fr/item/YJOR_2012_22_1_a4/ %G en %F YJOR_2012_22_1_a4
D. Yadav; S.R. Singh; R. Kumari. Inventory Model of Deteriorating Items with Two-Warehouse and Stock Dependent Demand Using Genetic Algorithm in Fuzzy Environment. Yugoslav journal of operations research, Tome 22 (2012) no. 1, p. 57 . http://geodesic.mathdoc.fr/item/YJOR_2012_22_1_a4/