Stochastic and Fuzzy-Stochastic Production Models for Linear-Price Dependent Demand and Stock Dependent Demand with Constraints

Production inventory model with linear dependent and stock dependent demand is developed under the stochastic and fuzzy-stochastic environments together with restrictions on total shortage price and storage space In real life situation, demand rate need not be uniform during the production process. So, we consider the demand rates are linear price dependent demand and stock dependent demand. Using the Stochastic and Fuzzy-Stochastic model the primary production inventory model with linear price dependent demand under shortage is developed in this paper with total shortage price and storage space price. The results of different models are compared with each other and are numerically depicted.