Inventory and sales decisions in a vendor–buyer system with imperfect items and learning in inspection
作者机构:Department of Industrial EngineeringUniversitas Sebelas MaretSurakartaIndonesia
出 版 物:《Journal of Control and Decision》 (控制与决策学报(英文))
年 卷 期:2021年第8卷第4期
页 面:453-463页
核心收录:
学科分类:0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学]
主 题:Lot sizing inventory model supply chain learning inspection error sensitive demand full backorder
摘 要:In this study,we propose a joint economic lot-sizing model to include learning process along with errors in inspection and full backordering *** aim to study pricing and inventory decisions in a two-level supply chain involving a single vendor and a single buyer in which the demand is sensitive to price and company’s advertisement *** mathematical inventory model is developed analytically and solved using a proposed *** objective of the model is to maximise joint total profit by simultaneously determining optimal shipment size,number of deliveries,backorder quantity and product selling price.A numerical example is provided to show the application of the model and to investigate the impact of key parameter’s changes on model *** comparing the integrated/centralised model to the independent/decentralised model,we note that the integrated/centralised model provides better profit to the system,along with lower selling price and smaller amount of backorder.