Chandan Kumar
Mathematics
December 2021
This paper presents an examination of two notable inventory models: Economic Order Quantity (EOQ) and Economic Production Quantity (EPQ), utilizing fuzzy logic without subordinates. The traditional EOQ and EPQ models expect fresh and deterministic interest, cost, and production rate. In any case, in genuine circumstances, these presumptions may not hold, and it becomes important to think about vulnerability and imprecision. The fuzzy logic approach proposed in this paper resolves this issue by utilizing semantic factors to address dubious and uncertain data. The proposed models think about fuzzy interest, cost, and production rate, and the goal is to limit the all-out inventory cost.
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