[This article belongs to Volume - 54, Issue - 02]
Gongcheng Kexue Yu Jishu/Advanced Engineering Science
Journal ID : AES-30-11-2022-509

Title : TWO WAREHOUSE FUZZY INVENTORY MODEL WITH PRICE AND ADVERTIESMENT SENSITIVE DEMAND RATE FOR ACHIEVING SUSTAINABLE ENVIRONMENT
Mamta Kansal*, Amit Tuteja, Vinod Kumar

Abstract :

Global warming is result of human related activities affecting environment at large. Since last few decades, environmental concern is growing rapidly and has drawn attention of researchers. Inventory management system is a vital activity of the society fulfilling needs of human life. Inventories are managed to maintain balance between demand an supply chain. Supply chian system is one of the factors releasing carbon emission which directly affects the environment by increasing green house gases (GHG) level. The storage system of inventory needs support of high preservation technologies to reduce deterioration rate of deteriorating items to enhance life of the product to maintain long period demnad-supply chain. Continuing with all activities vital for the needs of human life, one has to focus on the environmental issues which are more vital for the survival of human lives and in this direction a lot of work is being done in reducing the carbon emission. Motivated by many research papers related to environmental issues, this paper consideres two warehouse storage management to maintain balance between demand and supply considering hybrid market demand rate which is combination of selling price and frequency of advertiesment, the most important factors affecting demand of customers in the market. The paper also considers to deal with uncertainity of various cost factors affecting average inventory cost. Shortages during stockout period are included and are partially backlogged at constant rate which is a fraction of total demand. The focus is arround the dvelopement of model towards sustainable environment by incorporating all activities related to carbon emission and also the cost incurred for reducing carbon emission. Optimality condtions are utilised in finding optimal solution to achieve goal and model is validated by numerical illustration showing concavity of profit function, which is another objective of paper together with environmental aspect.