A formulation of fuzzy newsboy problem

【Author】

Zhongfeng Qin School of Economics and Management,Beihang University,Beijing 100191,China

【Abstract】

<正>There are enormous literature devoted to newsboy problem with stochastic demand.However,if historical data is scare or absent in several cases,then it necessary to assume that the demand is a fuzzy variable.This paper considers the newsboy problem with fuzzy demand.The expected value model is formulated for single-product case based on a ranking criteria of fuzzy variables.The explicit expressions of the corresponding objectives are obtained for continuous fuzzy variables.Tn the end,some remarkable conclusions and future researches are listed.

【Keywords】

Fuzzy variable;;Newsboy problem;;Credibility theory;;Expected value model

References

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Springer Journals Database

Total: 28 articles

  • [1] George L Vairaktarakis, Robust multi-item newsboy models with a budget constraint, International Journal of Production Economics,
  • [2] Fuzzy models for the newsboy problem, International Journal of Production Economics,
  • [3] Zhen Shao;;Xiaoyu Ji, Fuzzy multi-product constraint newsboy problem, Applied Mathematics and Computation,
  • [4] Hideki Katagiri;;Hiroaki Ishii, Fuzzy inventory problems for perishable commodities, European Journal of Operational Research,

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