Fuzzy inventory model for time dependent deteriorating items with lead time stock dependent demand rate and shortages
In this paper a deterministic fuzzy inventory model for time dependent deteriorating items with lead time and stock dependent demand rate has been developed. The ordering cost, deterioration cost, holding cost and shortage cost are assumed as triangular fuzzy number. In this model shortages are allowed during the lead time and completely backlogged. An economic order quantity (EOQ) has been obtained. The derived model is illustrated by a numerical example.