A Modified Computational Dynamic Programming Approach To a Production and Inventory Control Problem

2012 ◽  
Author(s):  
Govindasami Naadimuthu ◽  
R. N. Kapur ◽  
E. Stanley Lee
Keyword(s):  
Dynamic Programming ◽  
Control Problem ◽  
Inventory Control ◽  
Programming Approach ◽  
Dynamic Programming Approach ◽  
Inventory Control Problem ◽  
Production And Inventory Control

INTERACTIVE FUZZY PROGRAMMING MODEL IN MULTI-OBJECTIVE INVENTORY CONTROL PROBLEM USING VARIOUS OPERATORS

2017 ◽  
Vol 5 (4) ◽  
pp. 18-26
Author(s):  
Neha Kumari ◽  
Arun Prasad Burnwal
Keyword(s):  
Control Problem ◽  
Inventory Control ◽  
Decision Maker ◽  
Programming Model ◽  
Fuzzy Programming ◽  
Programming Approach ◽  
Multi Objective ◽  
Aspiration Levels ◽  
Interactive Fuzzy Programming ◽  
Inventory Control Problem

This paper deals with the interactive fuzzy programming approach for Multi Objective Inventory Control Problem (MOICP). In multi-objective optimization problem, objectives are often non-commensurable and cannot be combined into a single objective. Moreover, the objectives usually conflict with each other in that any improvement of one objective can be achieved only at the expense of another. In real world, all objectives of MOICP are not rigid. Some are rigid and some are fuzzy or all are imprecise. Fuzzy goals are defined by different membership functions through interaction with decision maker. By making the aspiration levels more flexible and by assigning different values to the normal weights to corresponding objectives functions, different solutions are determined to interact with the decision maker.

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