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has been cited by the following article:

• TITLE: Fuzzy Inventory Model under Selling Price Dependent Demand and Variable Deterioration with Fully Backlogged Shortages

  AUTHORS: Tanzim S. Shaikh, Santosh P. Gite

  KEYWORDS: Deterioration, Selling Price Dependent Demand, Fully Backlogged, Hexagonal Fuzzy Numbers, Graded Mean Integration Representation Method

  JOURNAL NAME: American Journal of Operations Research, Vol.14 No.2, March 29, 2024

  ABSTRACT: The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.