Optimization Of Fuzzy Integrated Inventory Model Using Triangular And Pentagonal Fuzzy Number

Abstract

Inventory is one of the most expensive and important assets to many companies. In this paper, inventory model for both buyer and vendor are considered together under fuzzy situation and whose parameters are different fuzzy numbers. Aim is to minimize the integrated total cost function. Signed distance method and Graded Mean integration method are used for defuzzification process. A numerical example is given to demonstrate this method.