Authors: Chaitali Kar, Bappa Mondal, Tapan Kumar Roy
In this paper, an inventory model is developed without shortages where the production cost is inversely related to the set up cost and production quantity. In addition, the holding cost is considered time dependent. Here impreciseness is introduced in the storage area. The objective and constraint functions are defined by the truth (membership) degree, indeterminacy (hesitation) degree and falsity (non-membership) degree. Likewise, a non-linear programming problem with a constraint is also considered.
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