Continuous Review Inventory Control in the Presence of Fuzzy Costs
| dc.contributor.author | Tütüncü, Gözde Yazgı | |
| dc.contributor.author | Akoz, Onur | |
| dc.contributor.author | Apaydin, Aysen | |
| dc.contributor.author | Petrovic, Dobrila | |
| dc.date.accessioned | 2023-06-16T12:59:33Z | |
| dc.date.available | 2023-06-16T12:59:33Z | |
| dc.date.issued | 2008 | |
| dc.description.abstract | This paper presents new models of continuous review inventory control with or without backorder in the presence of uncertainty. Fuzzy set concepts are used to treat imprecision regarding the costs of continuous review inventory control, while probability theory is used to treat uncertainty regarding customer demand. Fuzzy total annual cost functions, which involve fuzzy arithmetic operations, are defined using the function principle. The optimal order quantity and the optimal reorder point are found in such a way as to minimize the fuzzy costs. Furthermore, a decision support system has been developed, which can be used for efficient evaluation of continuous review inventory systems with both crisp and fuzzy costs, incorporating a simulation analysis tool. (C) 2007 Elsevier B.V. All rights reserved. | en_US |
| dc.description.sponsorship | Engineering and Physical Sciences Research Council [GR/R95326/01] Funding Source: researchfish | en_US |
| dc.identifier.doi | 10.1016/j.ijpe.2007.10.011 | |
| dc.identifier.issn | 0925-5273 | |
| dc.identifier.scopus | 2-s2.0-43549097120 | |
| dc.identifier.uri | https://doi.org/10.1016/j.ijpe.2007.10.011 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14365/1244 | |
| dc.language.iso | en | en_US |
| dc.publisher | Elsevier Science Bv | en_US |
| dc.relation.ispartof | Internatıonal Journal of Productıon Economıcs | en_US |
| dc.rights | info:eu-repo/semantics/closedAccess | en_US |
| dc.subject | inventory control | en_US |
| dc.subject | continuous review | en_US |
| dc.subject | fuzzy sets | en_US |
| dc.subject | decision support systems | en_US |
| dc.subject | simulation | en_US |
| dc.subject | Order Quantity | en_US |
| dc.subject | Backorder | en_US |
| dc.subject | Demand | en_US |
| dc.subject | Models | en_US |
| dc.subject | Set | en_US |
| dc.subject | Number | en_US |
| dc.title | Continuous Review Inventory Control in the Presence of Fuzzy Costs | en_US |
| dc.type | Review Article | en_US |
| dspace.entity.type | Publication | |
| gdc.author.id | Tütüncü, G.Yazgı/0000-0002-9363-6141 | |
| gdc.author.id | Petrovic, Dobrila/0000-0001-8213-2581 | |
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| gdc.author.wosid | Tütüncü, G.Yazgı/AAP-6520-2021 | |
| gdc.author.wosid | Apaydin, Aysen/E-3169-2018 | |
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| gdc.coar.access | metadata only access | |
| gdc.coar.type | other | |
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| gdc.description.department | İzmir Ekonomi Üniversitesi | en_US |
| gdc.description.departmenttemp | [Tutuncu, G. Yazgi] Izmir Univ Econ, Dept Math, TR-35330 Izmir, Turkey; [Akoz, Onur] MVA Consultancy Ltd, London, England; [Apaydin, Aysen] Coventry Univ, Fac Engn & Comp, Coventry, W Midlands, England; [Petrovic, Dobrila] Ankara Univ, Dept Stat, TR-06100 Ankara, Turkey | en_US |
| gdc.description.endpage | 784 | en_US |
| gdc.description.issue | 2 | en_US |
| gdc.description.publicationcategory | Diğer | en_US |
| gdc.description.scopusquality | Q1 | |
| gdc.description.startpage | 775 | en_US |
| gdc.description.volume | 113 | en_US |
| gdc.description.wosquality | Q1 | |
| gdc.identifier.openalex | W2090492054 | |
| gdc.identifier.wos | WOS:000256933200022 | |
| gdc.index.type | WoS | |
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| gdc.oaire.sciencefields | 0211 other engineering and technologies | |
| gdc.oaire.sciencefields | 0202 electrical engineering, electronic engineering, information engineering | |
| gdc.oaire.sciencefields | 02 engineering and technology | |
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| gdc.opencitations.count | 18 | |
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| gdc.virtual.author | Tütüncü, Gözde Yazgı | |
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