A Model for Optimizing Enterprise's Inventory Costs : a Fuzzy Approach
Applicability of a fuzzy approach to a problem originating from administrative accounting, namely to determine an economic order quantity (EOQ) in a variable competitive environment with imprecise and vague data, has been presented. For this purpose, the model of ordered fuzzy numbers developed by t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wrocław University of Science and Technology
2013-01-01
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| Series: | Operations Research and Decisions |
| Online Access: | http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1056 |
| Summary: | Applicability of a fuzzy approach to a problem originating from administrative accounting, namely to determine an economic order quantity (EOQ) in a variable competitive environment with imprecise and vague data, has been presented. For this purpose, the model of ordered fuzzy numbers developed by the first author and his two co-workers is used. The present approach generalizes the one developed within the framework of convex fuzzy numbers and stays outside the probabilistic one. (original abstract) |
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| ISSN: | 2081-8858 2391-6060 |