Supply Chain Inventory Model with Markov Chain Demand

This study aims to develop a new one-vendor multiple-buyers integrated inventory model. We believe that our proposed model can forecast the demand of all buyers in coming future by using data have already existed and minimize total cost-for both vendors. In recent days, Markov chain approach has played one critical methods forecasting Supply Chain Management (SCM) field. The this is analysis specific season was impacted same from last year. Finally, results article discover most optimal number shipments, quantity per period. Furthermore, sensitivity also conducted find out