Ly. Ouyang et Js. Yao, A minimax distribution free procedure for mixed inventory model involving variable lead time with fuzzy demand, COMPUT OPER, 29(5), 2002, pp. 471-487
In a recent paper, Ouyang and Wu applied the minimax decision approach to s
olve a continuous review mixed inventory model in which the lead time deman
d distribution information is unknown but the annual demand is fixed and gi
ven. However, in the practical situation, the annual demand probably incurs
disturbance due to various uncertainties. In this article, we attempt to m
odify Ouyang and Wu's model by considering two fuzziness of annual demand (
i.e., fuzzy number of annual demand and statistic-fuzzy number of annual de
mand) and to investigate a computing schema for the continuous review inven
tory model in the fuzzy sense. We give an algorithm procedure to obtain the
optimal ordering strategy for each case.