A Non-Random Optimization Approach to a Disposal Mechanism Under Flexibility and Reliability Criteria

This paper focuses on an optimal disposal mechanism by extending the work of Tripathy et al. [11] to consider the system cost as fuzzy under flexibility and reliability criteria. It has been observed that by using a non-random optimization technique the derived disposal plan may result in no substantial difference in the system cost between the crisp and fuzzy model. Various numerical analyses demonstrate the effectiveness of proposed method. The results of the best order size obtained by the robust study are in general, very satisfactory. Finally through numerical examples sensitivity analysis show the influence of key model parameters. Based on consistency study, fuzzy strategy is better off than that of fixed cost strategy. Through sensitivity and robust analysis the results indicate that the performance of the proposed approach is superior to that of its crisp model. AMS (2000) Subject classification No: 90B05.