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What is Fuzzy Arithmetic Operations

Chapter 15
Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques
A brief introduction on fuzzy arithmetic operations is discussed in the Appendix.
Published in Chapter:
Collaboration of Single-Manufacturer Multi-Buyer Inventory Status With Credit Option Under Fuzzy Demand
Isha Sangal (Banasthali University, India), Sarla Pareek (Apaji Institute of Mathematics and Applied Computer Technology, Banasthali University, India), and Nita H. Shah (Gujarat University, India)
Copyright: © 2018 |Pages: 34
DOI: 10.4018/978-1-5225-3232-3.ch015
Abstract
In this paper, a coordinated single-manufacturer and multiple heterogeneous buyers inventory model under fuzzy demand is developed. Here two cases are considered: (i) ex-site delivery case considers manufacturer dominance where manufacturer produce items and delivers to the group of heterogeneous buyers at common replenishment time through common shipment, (ii) ex-factory delivery case considers buyer's dominance. Fuzzy set theory is used to handle the uncertainty in the demand variable. The model is analyzed using triangular membership function. Both models are illustrated with suitable numerical example.
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