Fuzzy Parametric Geometric Programming with Application in Fuzzy Epq model under Flexibility and Reliability Consideration

Abstract

An economic production quantity model with demand dependent unit production cost in fuzzy environment has been developed. Flexibility and reliability consideration are introduced in the production process. The models are developed under fuzzy goal and fuzzy restrictions on budgetary cost. The inventory related costs and other parameters are taken as fuzzy in nature. The problem is solved by parametric geometric programming technique. The model is illustrated through numerical example. The sensitivity analyses of the cost function due to different measures are performed and presented graphically.