Purpose The main purpose is to minimize the total inventory cost of chain, whereas the stochastic constraints are satisfied. In other words, the goal is to find optimum agreed stockpiles and period length for products to minimize the total inventory cost of the chain while the stochastic...

Purpose The purpose of this paper is to propose a procedure to construct the membership functions for a one-unit repairable system, which has both active and standby redundancy. The coverage factor is the same for the operating and standby unit failure. Design/methodology/approach The α -cut...