%0 Journal Article
%T Fuzzy Inventory Model under Selling Price Dependent Demand and Variable Deterioration with Fully Backlogged Shortages
%A Tanzim S. Shaikh
%A Santosh P. Gite
%J American Journal of Operations Research
%P 87-103
%@ 2160-8849
%D 2024
%I Scientific Research Publishing
%R 10.4236/ajor.2024.142005
%X The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.
%K Deterioration
%K Selling Price Dependent Demand
%K Fully Backlogged
%K Hexagonal Fuzzy Numbers
%K Graded Mean Integration Representation Method
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=133460