Multi-item fuzzy inventory problem with space constraint via geometric programming method

Multi-item fuzzy inventory problem with space constraint via geometric programming method

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In this paper, a multi-item inventory model with space constraint is developed in both crisp and fuzzy environment.A profit maximization inventory model is proposed here to determine the optimal values of demands and order levels of exhaust tips for chrysler 300 a product.Selling price and unit price are assumed to be demand-dependent and holding and set-up costs sock dependent.Total profit and warehouse space are considered to be vague and laubade 1973 imprecise.The impreciseness in the above objective and constraint goals has been expressed by fuzzy linear membership functions.

The problem is then solved using modified geometric programming method.Sensitivity analysis is also presented here.