A profit maximization single item inventory problem considering deterioration during carrying for price dependent demand and preservation technology investment
نویسندگان
چکیده
This paper addresses a single item two-level supply chain inventory model considering deterioration during carrying of deteriorating from supplier’s warehouse to retailer’s as well in the warehouse. The assumes preservation technology prevent rate deterioration. An upper limit for investment has been set constraint model. maximizes profit per unit time, simultaneously calculated optimal order quantity. A price dependent demand and storage-time holding cost is considered develop Some theorems are proven get values total cost. numerical problem workout developed algorithm with help MATLAB software study applicability our theoretical results.
منابع مشابه
INVENTORY MODEL FOR DETERIORATING ITEMS WITH REVENUE SHARING ON PRESERVATION TECHNOLOGY INVESTMENT UNDER PRICE SENSITIVE STOCK DEPENDENT DEMAND
The objective of this research is to tackle the emerging problem of jointly determining theoptimal retail price, the replenishment cycle, and the cost of preservation technology investment from an integrated perspective among the supplier and the manufacturer. This paper deals an integrated single-manufacturer single-retailer supply chain model for deteriorating items under revenue sharing on p...
متن کاملinventory model for deteriorating items with revenue sharing on preservation technology investment under price sensitive stock dependent demand
the objective of this research is to tackle the emerging problem of jointly determining theoptimal retail price, the replenishment cycle, and the cost of preservation technology investment from an integrated perspective among the supplier and the manufacturer. this paper deals an integrated single-manufacturer single-retailer supply chain model for deteriorating items under revenue sharing on p...
متن کاملIntegrated production-Inventory model with price-dependent demand, imperfect quality, and investment in quality and inspection
In practice, manufacturing systems are never perfect and may have low quality outputs. Therefore, different decisions such as reprocessing, sale at lower prices or diminishing are made according to industry and market. This paper investigates the importance of supply chain coordination through developing two models in centralized decision-making for an imperfect quality manufacturing system wit...
متن کاملJoint pricing, inventory, and preservation decisions for deteriorating items with stochastic demand and promotional efforts
This study models a joint pricing, inventory, and preservation decision-making problem for deteriorating items subject to stochastic demand and promotional effort. The generalized price-dependent stochastic demand, time proportional deterioration, and partial backlogging rates are used to model the inventory system. The objective is to find the optimal pricing, replenishment, and preservation t...
متن کاملProfit Maximization Multi-item Inventory Models Considering Trade Credit and Sales Learning Curve
In this paper we consider a multi-item distribution channel subject to supplier’s credit period and retailer’s promotional effort with sales learning curve. We determine the retailer’s promotional effort for each item and the joint replenishment cycle in both decentralized and centralized decision models. We show that the profits for both parties increase under the centralized decision model wh...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Rairo-operations Research
سال: 2022
ISSN: ['1290-3868', '0399-0559']
DOI: https://doi.org/10.1051/ro/2022079