WASET
	%0 Journal Article
	%A Oshmita Dey and  Debjani Chakraborty
	%D 2007
	%J International Journal of Mathematical and Computational Sciences
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 2, 2007
	%T  A Single-Period Inventory Problem with Resalable Returns: A Fuzzy Stochastic Approach 
	%U https://publications.waset.org/pdf/15563
	%V 2
	%X In this paper, a single period inventory model with resalable returns has been analyzed in an imprecise and uncertain mixed environment. Demand has been introduced as a fuzzy random variable. In this model, a single order is placed before the start of the selling season. The customer, for a full refund, may return purchased products within a certain time interval. Returned products are resalable, provided they arrive back before the end of the selling season and are found to be undamaged. Products remaining at the end of the season are salvaged. All demands not met directly are lost. The probabilities that a sold product is returned and that a returned product is resalable, both imprecise in a real situation, have been assumed to be fuzzy in nature.

	%P 161 - 168