A class of fuzzy rough inventory model and its application

In this paper, we concentrate on discussing and developing a fuzzy rough multi-objective inventory model. We present some crisp equivalent models and a traditional algorithm based on an interactive fuzzy satisfying method to obtain the decision maker's satisfying solution. Then these are applie...

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Bibliographic Details
Published in2007 IEEE International Conference on Industrial Engineering and Engineering Management pp. 1 - 5
Main Authors Lihui Zhao, Jiuping Xu
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.12.2007
Subjects
Costs
Decision making
fuzzy rough
fuzzy rough variable
Fuzzy set theory
Fuzzy systems
inventory
Inventory management
Laboratories
Multi-objective
Possibility theory
Production
Scheduling
Uncertainty
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ISBN1424415284
9781424415281
ISSN2157-3611
DOI10.1109/IEEM.2007.4419139

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Summary:In this paper, we concentrate on discussing and developing a fuzzy rough multi-objective inventory model. We present some crisp equivalent models and a traditional algorithm based on an interactive fuzzy satisfying method to obtain the decision maker's satisfying solution. Then these are applied to a practical inventory problem in which all inventory costs, purchasing and selling prices in the objectives and constraints are assumed to be fuzzy rough variables in nature. Finally, numerical example are given in order to show the application of the proposed models and algorithm, which will be of much use of the management, provide significant solutions to construct other inventory models with fuzzy rough variables in real life.
ISBN:1424415284
9781424415281
ISSN:2157-3611
DOI:10.1109/IEEM.2007.4419139