A Novel Method for Optimal Solution of Fuzzy Chance Constraint Single-Period Inventory Model

A method is proposed for solving single-period inventory fuzzy probabilistic model (SPIFPM) with fuzzy demand and fuzzy storage space under a chance constraint. Our objective is to maximize the total profit for both overstock and understock situations, where the demand D~j for each product j in the...

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Bibliographic Details
Main Authors: Anuradha Sahoo, J. K. Dash
Format: Article
Language:English
Published: Wiley 2016-01-01
Series:Advances in Fuzzy Systems
Online Access:http://dx.doi.org/10.1155/2016/6132768
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