What is it about?

In this paper, we propose a model and solution approach for a multi-item inventory problem without shortages. The proposed model is formulated as a fractional multi-objective optimisation problem along with three constraints: budget constraint, space constraint and budgetary constraint on ordering cost of each item.

Featured Image

Why is it important?

The proposed inventory model becomes a multiple criteria decision-making (MCDM) problem in fuzzy environment. This model is solved by multi-objective fuzzy goal programming (MOFGP) approach. A numerical example is given to illustrate the proposed model.


This papers adds some value to the area of multi objective inventory models.

VIT Bhopal University

Read the Original

This page is a summary of: Application of fuzzy goal programming approach to multi-objective linear fractional inventory model, International Journal of Systems Science, November 2013, Taylor & Francis, DOI: 10.1080/00207721.2013.860639.
You can read the full text:




The following have contributed to this page