A two warehouse deterministic inventory model for deteriorating items with power demand, time varying holding costs and trade credit in a supply chain system

Sharmila, D.; Uthayakumar, R.

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Uncertain Supply Chain Management

ISSN 2291-6830 (Online) - ISSN 2291-6822 (Print) Quarterly Publication Volume 6 Issue 2 pp. 195-212 , 2018

A two warehouse deterministic inventory model for deteriorating items with power demand, time varying holding costs and trade credit in a supply chain system Pages 195-212 Download PDF

Authors: D. Sharmila, R. Uthayakumar

DOI: 10.5267/j.uscm.2017.7.002

Keywords: Capacity Constraints, Deterioration, Permissible delay in payments Power demand, Varying holding cost

Abstract: In the present day, focused commercial centers, offering exchange credit, have turned into a usually received strategy. Past inventory models under reasonable postponement in installments generally accepted that the request of the things was either consistent or simply relying on the retail cost. In this paper, we proposed to sum up, two distribution centers inventory model for crumbling things when the provider offers the retailer to defer period and thus the retailer gives to postpone period to their clients. The request design has been figured in a powerful example, which can be communicated in a straight or exponential shape. Shortages were not permitted. The differing criteria and lead time, smashing expenses were thought to be constant elements of unit cost and lead time, separately. From these, a basic iterative calculation to acquire the ideal renewal number and time booking was given. At last, numerical cases were introduced to show the model and investigation of different parameters was additionally performed. Likewise, the impact of changes in the diverse parameters in the ideal aggregate cost was graphically displayed and the suggestions were examined in details.

How to cite this paper

 Sharmila, D & Uthayakumar, R. (2018). A two warehouse deterministic inventory model for deteriorating items with power demand, time varying holding costs and trade credit in a supply chain system.Uncertain Supply Chain Management, 6(2), 195-212.

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