Optimal Pricing With Weighted Factors in a Product Transportation System Based on the Min-Plus Fuzzy Relation Inequality

In this work, we introduce the fuzzy relation inequalities with min-plus composition for describing the pricing problem in a product transportation system. Some basic properties of the min-plus inequalities system are investigated. We define the concept of feasible index chain and further investigat...

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Bibliographic Details
Published inIEEE transactions on fuzzy systems Vol. 31; no. 5; pp. 1 - 12
Main Author Yang, Xiaopeng
Format Journal Article
LanguageEnglish
Published New York IEEE 01.05.2023
The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
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ISSN1063-6706
1941-0034
DOI10.1109/TFUZZ.2022.3201982

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Summary:In this work, we introduce the fuzzy relation inequalities with min-plus composition for describing the pricing problem in a product transportation system. Some basic properties of the min-plus inequalities system are investigated. We define the concept of feasible index chain and further investigate the corresponding quasi-maximal solution. Moreover, it is found that the solution set of a min-plus system could be generated by a unique minimum solution and a finite number of quasi-maximal solutions. As a consequence, one is able to find the complete solution set of a min-plus system. Besides, motivated by the optimal managerial objective, we establish an optimization model with the min-plus inequalities constraints. A so-called FIS-based algorithm is developed for searching an optimal solution of our studied optimization model. We have provided a simple numerical example for checking the effectiveness of our proposed FIS-based algorithm. The obtained optimal solution would be helpful for the system manager, as an optimal pricing scheme.
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ISSN:1063-6706
1941-0034
DOI:10.1109/TFUZZ.2022.3201982