η | : | Demand coefficient |
β | : | Demand constant, β ≥ 1 |
s | : | Selling price (in ₹/unit) |
tm | : | Time during which there is no deterioration |
t1 | : | Time at which inventory level becomes zero |
T | : | Duration of cycle |
CHC | : | Holding cost (in ₹/unit) |
CPC | : | Purchase cost (in ₹/unit) |
CDC | : | Deterioration cost (in ₹/unit) |
COC | : | Ordering cost (in ₹/order) |
CSC | : | Shortage cost (in ₹/unit) |
θ (t) | = | γλtλ−1, Two-parameter Weibull distribution deterioration rate per unit per unit time, where γ represents scale parameter and λ represents shape parameter |
I1 (t) | : | Inventory level, at any time t, during [0, tm] |
I2 (t) | : | Inventory level, at any time t, during [tm, t1] |
I3 (t) | : | Inventory level, at any time t, during [t1, T] |
C (t1, T) | : | Total inventory cost (in ₹) |
| : | Fuzzy demand coefficient |
| : | Fuzzy demand constant |
| : | Fuzzy holding cost (in ₹/unit) |
| : | Fuzzy deterioration cost (in ₹/unit) |
| : | Fuzzy ordering cost (in ₹/order) |
| : | Fuzzy purchase cost (in ₹/unit) |
| : | Fuzzy shortage cost (in ₹/unit) |