A single-vendor multi-buyer integrated production-inventory system with stock-dependent demand
In this paper, a manufacturing system is considered, in which a single vendor procures raw material from a single supplier through single/multiple procurement, processes the material to make finished products and ships the products to multiple buyers in single/multiple shipments who then store them...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Published: |
Taylor & Francis
2018
|
| Subjects: | |
| Online Access: | http://eprints.um.edu.my/21075/ https://doi.org/10.1080/23302674.2016.1248522 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | In this paper, a manufacturing system is considered, in which a single vendor procures raw material from a single supplier through single/multiple procurement, processes the material to make finished products and ships the products to multiple buyers in single/multiple shipments who then store them in warehouses before presenting the products to end customers in display areas with single/multiple transfers. The demand rate is assumed to be positively dependent on the level of items displayed. A mathematical model for this problem is developed, the effectiveness of the model is illustrated and a sensitivity analysis of the optimal solution with respect to different sets of parameter is presented with numerical example. |
|---|