eprintid: 1331 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/00/13/31 datestamp: 2023-11-09 15:49:29 lastmod: 2023-11-09 15:49:29 status_changed: 2023-11-09 15:39:30 type: article metadata_visibility: show creators_name: Vasant, P. creators_name: Elamvazuthi, I. creators_name: Webb, J.F. title: Fuzzy technique for optimization of objective function with uncertain resource variables and technological coefficients ispublished: pub keywords: Curve fitting; Decision making; Linear programming; Profitability, Fuzzy linear programming; Fuzzy optimization; Fuzzy techniques; Industrial production; Objective functions; Performance measure; Uncertain resource; uncertain technological coefficients, Membership functions note: cited By 45 abstract: In this paper, a new fuzzy optimization based on methodology utilizing a modified s-curve membership function has been applied to an industrial production problem in an oil company. The major contribution of this paper is the optimization of a profit function with respect to uncertain resource variables and technological coefficients. Three cases have been thoroughly studied in this paper. Comparative results have been successfully obtained for these three cases. This piece of information will be very important for the decision makers in implementing their decisions in a vague environment. It will be shown that there are many advantages of using the modified s-curve membership to optimize the profit function used by the decision maker; in particular strategic and flexible decisions are facilitated. © 2010 World Scientific Publishing Company. date: 2010 publisher: World Scientific Publishing Co. Pte Ltd official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-80052064507&doi=10.1142%2fS1793962310000225&partnerID=40&md5=9b69f283ba4ff9d17e22d11b0d5edc67 id_number: 10.1142/S1793962310000225 full_text_status: none publication: International Journal of Modeling, Simulation, and Scientific Computing volume: 1 number: 3 pagerange: 349-367 refereed: TRUE issn: 17939623 citation: Vasant, P. and Elamvazuthi, I. and Webb, J.F. (2010) Fuzzy technique for optimization of objective function with uncertain resource variables and technological coefficients. International Journal of Modeling, Simulation, and Scientific Computing, 1 (3). pp. 349-367. ISSN 17939623