Model and algorithm of fuzzy joint replenishment problem under credibility measure on fuzzy goal

The joint replenishment problem (JRP) has received considerable attention and all of the work on JRP is under explicit environment. In fact, the decision makers often have to face vague operational conditions. In this paper, a novel JRP model with fuzzy minor replenishment cost and fuzzy inventory holding cost is developed. More concisely, this model is a fuzzy dependent-chance programming (DCP) model. Subsequently, the technique of the traditional fuzzy simulation (FS) approach and differential evolution algorithm (DE) are integrated to design a hybrid intelligent algorithm named FSDE-I to solve this practical fuzzy JRP. Thirdly, another intelligent algorithm named FSDE-II using an improved FS approach is proposed to estimate the credibility more precisely. Finally, FSDE-I and FSDE-II are illustrated with numerical examples and the results show the effectiveness of FSDE-II.

► We propose a new fuzzy joint replenishment model with credibility theory. ► Traditional Fuzzy simulation and DE can solve fuzzy joint replenishment model. ► An improved fuzzy simulation approach can evaluate credibility more precisely.