Integrated supply chain model for a deteriorating item with procurement cost dependent credit period

Authors:
Bibhas Chandra Das;Barun Das;Shyamal Kumar Mondal
Affiliations:
Department of Applied Mathematics with Oceanology and Computer Programming, Vidyasagar University, Midnapore 721 102, India;Department of Mathematics, Jhargram Raj College, Midnapore 721 507, India;Department of Applied Mathematics with Oceanology and Computer Programming, Vidyasagar University, Midnapore 721 102, India
Venue:
Computers and Industrial Engineering
Year:
2013

Citing 8
Cited 0

An optimal joint buyer-seller discount pricing model

Computers and Operations Research
An order-level lot-size inventory model for deteriorating items with finite replenishment rate

Computers and Industrial Engineering
Economic order quantity of deteriorating items under permissible delay in payments

Computers and Operations Research
Coordinating a two-level supply chain with delay in payments and profit sharing

Computers and Industrial Engineering - Special issue: Sustainability and globalization: Selected papers from the 32 nd ICC&IE
Lot sizing with permissible delay in payments and entropy cost

Computers and Industrial Engineering
Global optimal policy for vendor---buyer integrated inventory system within just in time environment

Journal of Global Optimization
Single supplier multiple cooperative retailers inventory model with quantity discount and permissible delay in payments

Computers and Industrial Engineering
A two warehouse supply-chain model under possibility/ necessity/credibility measures

Mathematical and Computer Modelling: An International Journal

Quantified Score

Hi-index	0.00

Visualization

Abstract

This study develops an integrated production inventory model of supplier and retailer where a delay in payment is offered by supplier to retailer for a constant deteriorating item. Here shortages are not allowed. In this model retailer's procurement cost linearly depends on the credit period and supplier's process cost also is a linear function of the amount of quantity purchased by retailer. In this model, the objective is to decide the position of the credit period and number of replenishment of retailer in finite time horizon in such a way that the integrated system gets the optimum cost. The model is explained with the help of numerical examples and the sensitivity analysis of some parameters are also carried out.