A collaborating inventory model in a supply chain
Shib Sankar Sana
Economic Modelling, 2012, vol. 29, issue 5, 2016-2023
Abstract:
The present article investigates an economic order quantity/ economic production quantity model in three-layer (manufacturer, vendor and retailer) supply chain management. In each stage, the products may undergo non-conforming quality items which have less value in the market. This model maximizes a collaborating expected profit function while production rate, order quantity, number of shipments with equal sizes are decision variables and unit production cost is a function of production rate. Numerical example is illustrated to test the model.
Keywords: Inventory; Supply chain; Imperfect; Production (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:29:y:2012:i:5:p:2016-2023
DOI: 10.1016/j.econmod.2012.04.021
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