Multi-Item Probabilistic Buffer Stock Inventory Model with Zero Leadtime and Varying Holding Cost under a Restriction

Document Type : Research and Reference

Authors

1 Department of Mathematics, Faculty of Science, Tanta University, Egypt

2 Department of Mathematics, High Institute for Computers, Information & Management, Tanta, Egypt

Abstract

This paper developed a probabilistic periodic review model with a constraint 
on the storage space for the crisp and fuzzy environment using a geometric programming approach with
the following characteristics: Demand is instantaneous and its distribution is continuous. The costs
are considered item cost, order cost, and holding cost. The expected total cost will be based on the
cost per cycle rather than the cost per period. Then a Numerical example is provided.

Keywords