Selection of Suppliers in Fuzzy Environment with Stock-Out Allowed

Abstract:

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On the premise of time restriction and allowable stock-out, fuzzy parameters of suppliers’ supply capacity and demand capacity of manufacturers are considered, and a satisfactory selection scheme of suppliers is discussed in this study for the determination of the suppliers involved and the quantity of their materials in order to minimize the total cost. A fuzzy planning model is proposed concerning this issue, and we solve it by using the interval-valued mean to transform the uncertain model into their equivalent formulation, thus providing theoretical basis for the selection of suppliers.

Info:

Periodical:

Edited by:

Helen Zhang and David Jin

Pages:

182-188

DOI:

10.4028/www.scientific.net/AMM.63-64.182

Citation:

C. Liu and Z. J. Lu, "Selection of Suppliers in Fuzzy Environment with Stock-Out Allowed", Applied Mechanics and Materials, Vols. 63-64, pp. 182-188, 2011

Online since:

June 2011

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Price:

$35.00

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