DOI: 10.62796/pijst.2024v1i7003

  DOI URL: https://doi.org/10.62796/pijst.2024v1i7003

Abstract- In this work, we have created a fuzzy inventory model for degrading goods that takes the system’s impact of inflation into account and includes price and time-dependent demand. If there are any shortages, they are permitted and will be partially backlogged at a variable rate based on how long it takes for the next lot to arrive. The corresponding problem has been presented as an optimisation problem with constraints that is nonlinear; all of the cost parameters have been addressed with fuzzy values. To demonstrate the paradigm, a numerical example has been examined, and the key findings are highlighted. Ultimately, using these instances as a basis, sensitivity assessments were conducted by examining one parameter at a time while maintaining the same values for the other parameters.