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Trade Credit Policy Between Supplier-Manufacturer-Retailer for Ameliorating/Deteriorating Items

Journal of the Operations Research Society of China 2020年第1期8卷 79-103页

作者： Vandana Rai School of Studies in Mathematics Pt.Ravishankar Shukla UniversityRaipurC.G.492010India Associated Cement Company(ACC)Jamul behind ACC Ram MandirPost-JamulDurgChhattisgarh 490024India

This paper is related to the advancement of the inventory models for ameliorating items and focused on the real-life business situation as with the time the deterioration rate of ameliorating items is *** the global world,every supply chain entities as suppliers/manufacturers/retailers want to increase the consumption of their goods without any *** this,he/she tries to lure manufacturer/retailers by offering some discounts,*** period for settling the *** problem states that the manufacturer purchases the ameliorating items from the supplier,where the supplier offers his/her credit period to settle the *** manufacturer purchases ameliorating items(like pigs,fishes,ducklings,etc.)and take those items as rawmaterial;when the livestock matures the manufacturer sells it to the retailer and offer credit time for settling the *** to propose the model is when the quantities of livestock become larger,then the manufacturer faces difficulty in maintaining all the *** such a situation,the traditional method(without offering credit period)fails to provide the maximum profit to the ***,in order to get maximum profit,the manufacturer needs some more realistic scientific outlook for making *** proposed model provides a more realistic assumption of business markets,by offering credit *** the introduced model,manufacturer faces amelioration and deterioration rate simultaneously due to the growth and the death of *** amelioration and deterioration rates are assumed as theweibull distribution *** allowed only for the retailer,which is partially *** main goal of this paper is to minimize the total relevant inventory cost for both the manufacturer and the retailers,by finding the optimal replenishment *** formulation with optimal solutions for manufacturer and retailers are *** and existence of the proposed model via numerical examp

关键词： Inventory weibull distribution deterioration weibull distribution amelioration Partial backlogging Trade credit

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Fuzzy Inventory Model with Variable Production and Selling Price Dependent Demand under Inflation for Deteriorating Items

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American Journal of Operations Research 2022年第6期12卷 233-249页

作者： Tanzim Shahabuddin Shaikh Santosh P. Gite Department of Statistics University of Mumbai Kalina Santacruz East Mumbai India

The main purpose of this paper is to develop an inventory model under fuzzy approach by considering the effect of inflation and time value of money, to determine the optimal time period for inventory cycle and minimum total average costs. The model is integrated production inventory model developed where;the Demand has a direct linear impact on production rate. The model can be divided into four stages. In the first two stages with original production rate and subsequent change in production rate, inventory level rises. Third stage is time after the accumulation of inventory and before the deterioration starts, where demand which selling price dependent is depreciating the inventory level, while in the fourth stage deterioration occurs, which is considered to follow two parameter weibull distribution. The back-order is not considered. Hexagonal fuzzy numbers are used to derive optimum solution and defuzzification by graded mean integration representation method. A numerical example is given to demonstrate the applicability of the purposed model and sensitivity analysis is carried out to reveal the impact of change in parameter values.

关键词： weibull distribution deterioration Variable Production Rate Hexagonal Fuzzy Number Selling Price Dependent Demand Inflation

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