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Record W1972500909 · doi:10.1108/09727981211225707

Fuzzy EOQ model using possibilistic approach

2012· article· en· W1972500909 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueJournal of Advances in Management Research · 2012
Typearticle
Languageen
FieldMathematics
TopicFuzzy Systems and Optimization
Canadian institutionsUniversity of Manitoba
Fundersnot available
KeywordsEconomic order quantityFuzzy logicHolding costFuzzy numberInventory controlOperations researchEconomic shortageOrder (exchange)Variance (accounting)Mathematical optimizationFuzzy setComputer scienceMathematicsSupply chainEconomicsBusiness

Abstract

fetched live from OpenAlex

Purpose The purpose of this paper is to derive an economic order quantity (EOQ) for an inventory control problem where the inventory carrying cost and the order cost are uncertain, represented by fuzzy numbers. The fuzzy numbers used herein are most general so far, represented by adaptive trapezoidal fuzzy numbers. This paper attempts to use the most general form of fuzziness to represent the uncertainty of the parameters in the inventory model. Design/methodology/approach The fuzzy EOQ formula derivation is analytical. Given the inventory cost Cc and the order cost Co as fuzzy numbers and the demand, a crisp number and instant replenishment of inventory, a fuzzy EOQ is derived. This is done by using the possibilistic mean and the possibilistic variance of the fuzzy total inventory cost. Then for practical implementation, this quantity is defuzzyfied using the middle of the maxima (MOM) of the fuzzy EOQ, in order to get the crisp value of the EOQ that minimizes the (fuzzy) total inventory cost. Findings The fuzzy EOQ model derived herein is the most general fuzzy model. It is then converted to a crisp optimal order quantity and a crisp order cycle. The model assumptions cover the uncertainties in estimating the order cost and the inventory carrying cost. However, the results that can be extended in case of the shortage in inventory stock are allowed. Practical implications Inventories by their nature are the basic part of consideration in any production, supply chain, warehousing and retail policies. The inventories consume a large part of budget, space, overheads and maintenance. Even though the problem considered in this paper is limited to single period and single item inventories, it can be extended to multiple items and multi-period inventories. The paper gives an illustrative example and its solution at the end. Originality/value EOQ is the most fundamental concept in making inventory policies. However, in inventory literature, covering the risk of uncertainty in the various cost estimations such as carrying and order or shortage costs, is more recent and is not well developed.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.005
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.397
Threshold uncertainty score0.309

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0050.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.220
GPT teacher head0.474
Teacher spread0.254 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it