Developed Fordyce Webster Algorithm for Solving Periodic Ordering with Fuzzy Costs

Subject Areas : Futurology

N.  Hamidi ¹ (نویسنده مسئول یا طرف مکاتبه)
P.  Samouei ² (ندارد)
M.  Eghbali ³ (ندارد)

Received: 2008-10-30 Accepted : 2009-01-01 Published : 2010-09-23

Keywords: Inventory control, Production Planning, Periodic Orders, Fordyce Webster Algorithm, Fuzzy Set&#x0D, &#x0D, Theory,

Abstract :

One of the most useful algorithms for inventory efficient control is the Fordyce Webster algorithm.This algorithm can solve problems with certainty parameters. In the real world, many parameters, likeinflation, can change inventory costs. This article establishes an algorithm based on fuzzy inventorycosts (e.g. holding costs, ordering costs, and purchase cost). These costs are fuzzy triangular numbers.A numerical example is explained. The results show that the proposed algorithm is very flexible.