Consumer Surplus and Producer Surplus of the Linear Demand and Supply Functions using Interval-Valued Triangular Fuzzy Numbers
INTERNATIONAL JOURNAL OF APPLIED MATHEMATICS & STATISTICS, vol.60, no.3, pp.40-48, 2021 (ESCI)
- Publication Type: Article / Article
- Volume: 60 Issue: 3
- Publication Date: 2021
- Journal Name: INTERNATIONAL JOURNAL OF APPLIED MATHEMATICS & STATISTICS
- Journal Indexes: Emerging Sources Citation Index (ESCI), zbMATH
- Page Numbers: pp.40-48
- Keywords: consumer surplus and producer surplus, interval-valued triangular fuzzy numbers, signed distance defuzzification method, PRINCIPLE
- Süleyman Demirel University Affiliated: Yes
Abstract
In this paper, we fuzzified the quantity of the functions of linear demand and supply by using the interval-valued triangular fuzzy numbers. Then we calculated consumer surplus and producer surplus. We apply the signed distance defuzzification method to get the crisp results.