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Neutrosophic Sets and Systems
Article . 2018
Data sources: DOAJ
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Optimization of EOQ Model with Limited Storage Capacity by Neutrosophic Geometric Programming

Authors: Bappa Mondal; Chaitali Kar; Arindam Garai; Tapan Kumar Roy;

Optimization of EOQ Model with Limited Storage Capacity by Neutrosophic Geometric Programming

Abstract

In this article, we present deterministic single objective economic order quantity model with limited storage capacity in neutrosophic environment. We consider variable limit production cost and time dependent holding cost into account. Here we minimize total average cost of proposed model by applying neutrosophic geometric programming, which is obtained by extending existing fuzzy and intuitionistic fuzzy geometric programming for solving resultant non-linear optimization model. Next we consider numerical application to show that optimal solution obtained by neutrosophic geometric programming is more desirable than that of crisp, fuzzy and intuitionistic fuzzy geometric programming. Also we perform sensitivity analysis of parameters and present key managerial insights.

Keywords

Shape parameter, Non-linear optimization, Limited storage capacity, Electronic computers. Computer science, QA1-939, Neutrosophic geometric programming, Economic Order Quantity, QA75.5-76.95, Mathematics

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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
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influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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