A subjective approach for ranking fuzzy numbers
Fuzzy Sets and Systems
A study of the ranking function approach through mean values
Fuzzy Sets and Systems
Ranking and defuzzification methods based on area compensation
Fuzzy Sets and Systems
Economic principle on profit in the fuzzy sense
Fuzzy Sets and Systems
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We hereby consider the total cost in an inventory without backorder model, where the cost of storing and the total demand over the planning time period are triangular fuzzy numbers: therefore the total cost is a triangular fuzzy number too. In order to obtain a crisp optimal solution, we use a defuzzification method called Weighted Average Value (WAV), which is more general than others presented by several authors. Such a solution coincides with the usual one, if coefficients collapse to real numbers.