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Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost

Te present paper considers the fuzzy economic manufacturing model (FEMM) for an inventory model with an imperfect production process that has been studied along with rework. During the pandemic, it is evident that the products accumulated without a sale, which has increased the maintenance cost of t...

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Main Authors:	Kuppulakshmi, V., Sugapriya, C., Kavikumar, J., Nagarajan, D.
Format:	Article
Language:	English
Published:	Hindawi 2023
Subjects:	T Technology (General)
Online Access:	http://eprints.uthm.edu.my/10415/1/J15668_b858e583962b6860d63805bedbdb4d88.pdf http://eprints.uthm.edu.my/10415/ https://doi.org/10.1155/2023/1246257
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id	my.uthm.eprints.10415
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spelling	my.uthm.eprints.104152023-11-21T01:44:43Z http://eprints.uthm.edu.my/10415/ Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost Kuppulakshmi, V. Sugapriya, C. Kavikumar, J. Nagarajan, D. T Technology (General) Te present paper considers the fuzzy economic manufacturing model (FEMM) for an inventory model with an imperfect production process that has been studied along with rework. During the pandemic, it is evident that the products accumulated without a sale, which has increased the maintenance cost of the products. Tis research paper compares a special sale of products with discount and without discount prices both in the fuzzy environment and in the crisp case. New computing methods based on fuzzy logic are being utilized to enhance identifcation, decision making, and optimization. A triangular fuzzy number is applied in the economic production quantity to emphasize the importance of optimal manufacturing. Te EPQ model’s optimal total cost is obtained in the crisp version. It is to be noted that this model is developed in the fuzzy sense by using the deterioration as a triangular fuzzy number. Te applications of this model in the felds are constructing customized industrial machinery or heavyduty construction equipment, specifc chemicals, and processed food. By using MATLAB R2021, a numerical example of the optimal solution is provided. Finally, the present research discusses how changing several parameters afects the optimum total cost. Hindawi 2023 Article PeerReviewed text en http://eprints.uthm.edu.my/10415/1/J15668_b858e583962b6860d63805bedbdb4d88.pdf Kuppulakshmi, V. and Sugapriya, C. and Kavikumar, J. and Nagarajan, D. (2023) Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost. Mathematical Problems in Engineering. pp. 1-15. https://doi.org/10.1155/2023/1246257
institution	Universiti Tun Hussein Onn Malaysia
building	UTHM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Tun Hussein Onn Malaysia
content_source	UTHM Institutional Repository
url_provider	http://eprints.uthm.edu.my/
language	English
topic	T Technology (General)
spellingShingle	T Technology (General) Kuppulakshmi, V. Sugapriya, C. Kavikumar, J. Nagarajan, D. Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
description	Te present paper considers the fuzzy economic manufacturing model (FEMM) for an inventory model with an imperfect production process that has been studied along with rework. During the pandemic, it is evident that the products accumulated without a sale, which has increased the maintenance cost of the products. Tis research paper compares a special sale of products with discount and without discount prices both in the fuzzy environment and in the crisp case. New computing methods based on fuzzy logic are being utilized to enhance identifcation, decision making, and optimization. A triangular fuzzy number is applied in the economic production quantity to emphasize the importance of optimal manufacturing. Te EPQ model’s optimal total cost is obtained in the crisp version. It is to be noted that this model is developed in the fuzzy sense by using the deterioration as a triangular fuzzy number. Te applications of this model in the felds are constructing customized industrial machinery or heavyduty construction equipment, specifc chemicals, and processed food. By using MATLAB R2021, a numerical example of the optimal solution is provided. Finally, the present research discusses how changing several parameters afects the optimum total cost.
format	Article
author	Kuppulakshmi, V. Sugapriya, C. Kavikumar, J. Nagarajan, D.
author_facet	Kuppulakshmi, V. Sugapriya, C. Kavikumar, J. Nagarajan, D.
author_sort	Kuppulakshmi, V.
title	Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
title_short	Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
title_full	Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
title_fullStr	Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
title_full_unstemmed	Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost
title_sort	fuzzy inventory model for imperfect items with price discount and penalty maintenance cost
publisher	Hindawi
publishDate	2023
url	http://eprints.uthm.edu.my/10415/1/J15668_b858e583962b6860d63805bedbdb4d88.pdf http://eprints.uthm.edu.my/10415/ https://doi.org/10.1155/2023/1246257
_version_	1783880436147027968
score	13.211869

Fuzzy Inventory Model for Imperfect Items with Price Discount and Penalty Maintenance Cost

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