Supply Chain Production Inventory Model : Innovative Study for Shortages Allowed With Partial Backlogging
نویسندگان
چکیده
In this paper, we have strived to combine all the above mentioned factors into a single problem. We shall undertake to explore a two echelon supply chain, comprising of a vendor and a buyer. The whole environment of business dealings has been assumed to be progressive credit period, which conforms to the practical market situation. The whole combination is very unique and very much practical. The variable holding cost and variable setup has been explored numerically as well; an optimal solution has been reached. The final outcome shows that the model is not only economically feasible, but stable also.
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