Journal of Industrial Mathematics http://www.hindawi.com The latest articles from Hindawi Publishing Corporation © 2013 , Hindawi Publishing Corporation . All rights reserved. EOQ Models with Varying Holding Cost Thu, 30 May 2013 11:21:01 +0000 http://www.hindawi.com/journals/jim/2013/743921/ Models of inventory management contain different parameters. An issue is observable in the classical models which can be related to the determination of the quantity of the economic order and the quantity of the economic production. In these models, the parameters like setup and holding costs and also the rate of demands are fixed. This matter causes the quantity of the economic ordering in classic model to have some differences in comparison with the real-world conditions. It should be stated that holding cost of spoiled and useless products is not always fixed and so the costs increase by passing the time. This paper is an attempt to develop classical EOQ models by considering holding cost as an increasing function of the ordering cycle length. So the classical EOQ models are developed, and the related optimum quantity to the ordering cycle length, economic ordering quantity, and the optimum total cost are determined. Naser Ghasemi and Behrouz Afshar Nadjafi Copyright © 2013 Naser Ghasemi and Behrouz Afshar Nadjafi. All rights reserved. Fuzzy Multiobjective Reliability Optimization Problem of Industrial Systems Using Particle Swarm Optimization Wed, 24 Apr 2013 16:03:15 +0000 http://www.hindawi.com/journals/jim/2013/872450/ The present work investigates the reliability optimization problem of the repairable industrial systems by utilizing uncertain, limited, and imprecise data. In many practical situations where reliability enhancement is involved, the decision making is complicated because of the presence of several mutually conflicting objectives. Moreover, data collected or available for the systems are vague, ambiguous, qualitative, and imprecise in nature due to various practical constraints and hence create some difficulties in optimizing the design problems. To handle these problems, this work presents an interactive method for solving the fuzzy multiobjective optimization decision-making problem, which can be used for the optimization decision making of the reliability with two or more objectives. Based on the preference of the decision makers toward the objectives, fuzzy multi-objective optimization problem is converted into crisp optimization problem and then solved with evolutionary algorithm. The proposed approach has been applied to the decomposition unit of a urea fertilizer plant situated in the northern part of India producing 1500–2000 metric tons per day. Harish Garg Copyright © 2013 Harish Garg. All rights reserved.