An EOQ model for Price Discount Linked to Order Quantity under Fuzzy Environment in Quadratic Demand Pattern
نویسنده
چکیده
Abstract: In this paper a study has been carried out using crisp and fuzzy inventory model for the deteriorating items under trapezoidal fuzzy numbers when the supplier offered price discount to the retailer at the time of replenishment. In this model the deterioration rate is constant. Many researchers suggested, demand rate in the inventory models are constant, exponential (increase/decrease) and linearly increasing / decreasing demand patterns.. In practical situation, quadratic demand rate is more realistic.. In this paper, an inventory model is developed in crisp and fuzzy environment. This paper investigates the feasibility of regular order and special order offered by the supplier in which to maximize the total cost saving. Numerical example and sensitivity analysis carried out in fuzzy environment
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