we developed an inventory model for decaying items with selling price dependent demand in inflationary environment. deterioration rate is taken as two parameter weibull distribution. shortages in inventory are allowed with partial backlogging. backlogging rate is taken as exponential decreasing function of time. profit maximization technique is used in this study.

in this research, an integrated inventory problem is formulated for a single-vendor multiple-retailer supply chain that works according to the vendor managed inventory policy. the model is derived based on the economic order quantity in which shortages with penalty costs at the retailers` level is permitted. as predicting customer demand is the most important problem in inventory systems and th...

In this paper, a production inventory model is developed for the business enterprise which consists of three wings. The first wing is for manufacturing new items, the second wing is for collecting the returned items, while third wing is for remanufacturing the returned item. In this model we consider the fact that the storage item is deteriorated during storage periods and salvage value is inco...

To have an efficient control of a huge amount of inventory items, traditional approach is to classify the inventory into different groups. Different inventory control policies can then applied to different groups. The well-known ABC classification is simple-to-understand and easy-to-use. However, ABC analysis is based on only single measurement such as annual dollar usage. It has been recognize...

Traditionally, inventory models with trade credit policy deal with contain demand or merely dependent on the retailing price. Therefore, this paper tries to incorporate the retailer’s inventory-dependent demand and storage space limited in the retailer’s inventory model, which will make the decision-maker of inventory system to know whether to rent RW and how to order. Two easy-touse theorems a...

The Tauber Manufacturing Institute (TMI) is a partnership between the engineering and business schools at the University of Michigan. In the summer of 1999, a TMI team spent 14 weeks at Dell Inc. in Austin, Texas, and developed an inventory model to identify inventory drivers and quantify target levels for inventory in the final stage of Dell’s supply chain, the revolvers or supplier logistics ...

We study how a manager’s short-term interest in the firm’s market value may motivate channel stuffing: shipping excess inventory to the downstream channel. Channel stuffing allows a manager to report sales in excess of demand in order to influence investors’ valuation of the firm. We apply an inventory model which highlights the potential role of inventory in the manager’s channel stuffing and ...