Volume 20 No 12 (2022)
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AN EOQ MODEL FOR HEALTHCARE INDUSTRIES WITH EXPONENTIAL DEMAND PATTERN AND TIME DEPENDENT DELAYED DETERIORATION UNDER FUZZY AND NEUTROSOPHIC FUZZY ENVIRONMENT
James Dipankar Sen, Tripti Chakrabarti
Abstract
It is obvious that in health care industries, medicines and drugs i.e., the pharmaceutical items are the major inventory. The demand of this items may be fixed or vary with respect to time. Here we are dealing with several demand functions and time dependent deterioration which will come into effect after a certain period of time. Comparing the crisp model with fuzzy and neutrosophic fuzzy, we may find that neutrosophic model is more optimal and gives us better result. The main purpose of this work is to get optimal total cost for healthcare industries under exponential demand functions and time dependent deterioration rates with fuzzy and neutrosophic fuzzy parameters. At the end, numerical are given to illustrate the solution mechanism under different conditions in order to get optimum and best solution for this model.
Keywords
Fuzzy, Neutrosophic Fuzzy and Inventory.
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