Keywords:-

Keywords: Integrated model, imperfect quality, shortages, backorder, single vendor, multi buyer.

Article Content:-

Abstract

In this paper we consider a two echelon inventory model installation under the classical EOQ to study the effects of supply quality on cost performance. Usually that the vendor supplies their product to the buyers and the products are accepted and then used after screening any defects. K.Shouri,I.Konstantaras develops a model with a new concept and considered a single echelon inventory installation and rejection of defective supply batches in their model paper “An EOQ model with backorders and rejection of defective supply batches”[International Journal of production economics 155(2014) 148-154] Now we extend this model with two echelon inventory system with single vendor and multi buyer’s model. We first present an exact model for the system expected cost and show its convexity. Optimal cost and respective values of the decision variable (i.e) planned order quantity and backorders are then obtained in a closed form. Numerical experiments were performed to illustrate the effects of parameter on the decision and the total system cost.

References:-

References

Atan,Z,Snyder,L.V.,2012.Inventory strategies to manage supply disruptions. In: Gurnani , H.,

Mehrtra,A., Ray,s.(Eds), Managing supply Disruptions.Springer-Verlag,Berlin.

Berk,E., Arreola. Risa,A., 1994 Note on “future supply uncertainty in EOQ model” Nav .Res.Logist

(1),129-132

Cardenas . Barron. L.E ., 2000. Observation on:” Economic production quantity model for items with

imperfect quality”. International Journal of production Economics.67(2).(pp.201-201)

Cardenas-Barron. L.E,2009 Economic production quantity with rework process at a single-stage

manufatuing system with planned backorders. Computer and Industrial Engineering. 57(3)1105-

Chang.H.C,Ho,C.H.,2009.Exact closed- form solution for “Optimal inventory model for items with

imperfect quality and shortage backordering”Omega 38(3-4)233-237.

Erolu.A, Ozdemir, G,2007. An Economic order quantity model with defective items and shortages.

International Journal of production economics. 106(2)544-549. 7. Goyal, S.K., 1976. An integrated inventory model for a single supplier–single customer problem.

International Journal of Production Research 15 (1), 107–111.

Hill, R.M., 1999. The optimal production and shipment policy for the single-vendor single-buyer

integrated production-inventory model. International Journal of Production Research 37, 2463–2475

Hsu,J.T,Hsu,L.F,2013 An EOQ model with imperfect quality items, inspertion errors, shortages

backordering and sales return. International Journal of production economics.143(1),162-170

Jha,J.K.,& Kripa Shanker.2013 Single vendor multi buyer integrated production-inventory model

with controllable lead time and service level constraints.Applied Mathematical Modeling 37,1753-

Joglekar, P.N., 1988. Comments on a quantity discount pricing model to increase vendor profits.

Management Science 34, 1391–1398.

Joglekar, P.N., Tharthare, S., 1990. The individually responsible andrational decision approach to

economic lot sizes for one vendor and many purchasers. Decision Sciences 21 (3), 492–506.

Khan .M., Jaber.M.Y, Bonney,M.,2011aAn Economic order quantity for items with imperfect quality

and Inspertion errors. International Journal of production economics. 133(1).133-118.

Khan, M, M.Y, Guiffrida, A.L.,Zolfaghari, S,2011b.A review of the extension of a modified EOQ

model for imperfect quality items. International Journal of production economics.132(1).1-12. 15. Kim, T., Hong, Y., Chang, S.Y., 2006. Joint economic procurement–production–delivery policy for

multiple items in a single-manufacturer, multiple-retailer system. International Journal of Production

Economics 103, 199–208

Lal, R., Staelin, R., 1984. An approach for developing an optimal discount pricing policy.

Management Science 30, 1524–1539.

Lu, L., 1995. A one-vendor multi-buyer integrated inventory model. European Journal of

Operational Research 81, 312–323.

Papachristos,S., Konstantaras. I. 2006. Economic ordering quantity model for items imperfect

quality. International Journal of production economics.(100)(1) 148-154.

Siajadi, H., Ibrahim, R.N., Lochert, P.B., 2006. Joint economic lot size in distribution system with

multiple shipment policy. International Journal of Production Economics 102, 302–316.

Salameh,M.K.,Jaber,M.Y., 2000 Economic production Quantity model for items with imperfect

quality. International Journal of production economics.64(1-3),59-64

Skouri,K., Konstantaras,I.,Lagodimos,A.G.,Papachristos,S., 2014.An EOQ model with backorders

and rejection of defective supply batches. International Journal of production economics.155,148-

Zipkin,H.P.,2000. Foundation of Inventory management.MC Graw-Hill Higher Education new York.

Downloads

Citation Tools

How to Cite
Ritha, W., & FrancinaNishandhi, I. (2015). Single Vendor – Multi Buyer’s Integrated Inventory Model with Rejection of Defective Supply Batches. International Journal Of Mathematics And Computer Research, 3(10), 1182-1187. Retrieved from http://ijmcr.in/index.php/ijmcr/article/view/141