Abstract
A new method is proposed for finding a set of efficient solutions to bi-objective fractional transportation problems with fuzzy numbers using ranking function. This method is an important tool for the decision makers to obtain efficient solutions and select the preferred optimal solution from the satisfaction level. The procedure allows the user to identify next efficient solution to the problem from the current efficient solution. This new approach enables the decision makers to evaluate the economic activities and make satisfactory managerial decisions when they are handling a variety of logistic problems involving two objectives. An illustrative example is presented to clarify the idea of the proposed approach.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.