This paper discusses an Economic Order
Quantity (EOQ) model with shortage and space constraint where the setup cost,
the holding cost, the shortage cost are considered as fuzzy numbers. The fuzzy
parameters are then transformed into corresponding interval numbers.
Minimization of the interval objective function (obtained by using interval
parameters) has been transformed into a classical multi-objective EOQ problem.
The order relation that represents the decision maker’s preference among the
interval objective function has been defined by the right limit, left limit, center
and half –width of aninterval. This
concept is used to minimize the interval objective function. The problem has
been solved by fuzzy programming technique. Finally, the proposed method is
illustrated with a numerical example.