Abstract
In this paper, realistic production-inventory models without shortages for deteriorating items with imprecise holding and production costs for optimal production have been formulated. Here, the rate of production is assumed to be a function of time and considered as a control variable. Also the demand is time dependent and known. The imprecise holding and production costs are assumed to be represented by fuzzy numbers which are transformed to corresponding interval numbers. Following interval mathematics, the objective function is changed to respective multi-objective functions and thus the single-objective problem is reduced to a multi-objective decision making(MODM) problem. The MODM problem is then again transformed to a single objective function with the help of weighted sum method and then solved using global criteria method, calculus method, the Kuhn–Tucker conditions and generalized reduced gradient(GRG) technique. The models have been illustrated by numerical data. The optimum results for different objectives are obtained for different types of production function. Numerical values of demand, production function and stock level are presented in both tabular and graphical forms
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Maity, K., Maiti, M. Numerical Approach of Multi-Objective Optimal Control Problem in Imprecise Environment. Fuzzy Optim Decis Making 4, 313–330 (2005). https://doi.org/10.1007/s10700-005-3666-1
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DOI: https://doi.org/10.1007/s10700-005-3666-1