The classical EOQ/EPQ models are mainly developed in deterministic environment, wherein the demand and cost parameters are considered as constant. However, due to floating nature of marketplaces, the demand rate and cost parameters are not always fixed, and they often have slight deviation from one cycle to another. In most cases, the gauge of demand and cost parameters is often based on the experiences and subjective judgments of the inventory planner, and presented as linguistic expressions. Thus, to quantify non-stochastic uncertainty in inventory system, it is better to make use of...