This study investigated an economic order quantity (EOQ) model with completebackorder for fixed lifetime perishable items under multiple advance and delayedpayments policies. Here, a new type of business policy is con...This study investigated an economic order quantity (EOQ) model with completebackorder for fixed lifetime perishable items under multiple advance and delayedpayments policies. Here, a new type of business policy is consideredwhere supplieroffers the retailer to pay a fraction of the purchasing cost before the order deliverybymultiple equal installments starting from the ordering time and the rest amountafter the delivery by multiple equal installments. Here, some theoretical results areillustrated to determine the conditions of existence and uniqueness of the optimalsolutions. A closed form solution is determined to solve the proposed model underapproximation. Some numerical examples are provided to examine the validity ofthe proposed model. Finally, sensitivity analyses are presented to obtain the effectof optimal policy and provide some managerial insights of the model.展开更多
In this article, we consider a two level supply chain to evaluate the impact ofpostponement strategy on the retailer. Here the cost parameters are fuzzified.Signed distance method is used to defuzzify and to obtain th...In this article, we consider a two level supply chain to evaluate the impact ofpostponement strategy on the retailer. Here the cost parameters are fuzzified.Signed distance method is used to defuzzify and to obtain the estimation of thetotal cost in the fuzzy sense. The common variable production cost, commonfixed cost and the common unit holding cost per unit time are assumed to befuzzy in nature. Inventory models are formulated for postponement system andindependent system such that the total average inventory cost function per unittime is minimized. Algorithms are given to derive the optimal solutions of theproposed model. Theoretical analysis and the computational procedure helps tostudy the impact of deterioration rate on the optimal inventory policies. Acomparative study between the postponement system and independent systemconsidering fuzzy costs is also made.展开更多
文摘This study investigated an economic order quantity (EOQ) model with completebackorder for fixed lifetime perishable items under multiple advance and delayedpayments policies. Here, a new type of business policy is consideredwhere supplieroffers the retailer to pay a fraction of the purchasing cost before the order deliverybymultiple equal installments starting from the ordering time and the rest amountafter the delivery by multiple equal installments. Here, some theoretical results areillustrated to determine the conditions of existence and uniqueness of the optimalsolutions. A closed form solution is determined to solve the proposed model underapproximation. Some numerical examples are provided to examine the validity ofthe proposed model. Finally, sensitivity analyses are presented to obtain the effectof optimal policy and provide some managerial insights of the model.
文摘In this article, we consider a two level supply chain to evaluate the impact ofpostponement strategy on the retailer. Here the cost parameters are fuzzified.Signed distance method is used to defuzzify and to obtain the estimation of thetotal cost in the fuzzy sense. The common variable production cost, commonfixed cost and the common unit holding cost per unit time are assumed to befuzzy in nature. Inventory models are formulated for postponement system andindependent system such that the total average inventory cost function per unittime is minimized. Algorithms are given to derive the optimal solutions of theproposed model. Theoretical analysis and the computational procedure helps tostudy the impact of deterioration rate on the optimal inventory policies. Acomparative study between the postponement system and independent systemconsidering fuzzy costs is also made.
