Supply Chain Coordination with Variable Backorder, Inspections, and Discount Policy for Fixed Lifetime Products
Author
Source
Mathematical Problems in Engineering
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-14, 14 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-02-18
Country of Publication
Egypt
No. of Pages
14
Main Subjects
Abstract EN
This paper illustrates a channel coordination and quantity discounts between a vendor and a buyerwith single-setup multi-delivery (SSMD) strategy to reduce the joint total costamong supply chain players.
The benefit of the coordination between a buyer and a vendor isconsidered as the vendor requests to the buyer for changing the ordering quantity such thatthe vendor can be benefited from lower inventory costs.
After accepting the buyer’s condition,the vendor compensates the buyer for his increased inventory cost and gives consent foradditional savings by offering a quantity discount.
The centralized decision making is examinedfor the effect of this strategy with the presence of backorder for buyer and inspection costfor the vendor.
The quantity discount strategy, with the presence of variable backorder andinspections, can allow more savings for all players of supply chain.
Some numerical examples,sensitivity analysis, and graphical representations are given to illustrate more savings fromexisting literature and comparisons between the several demand values.
American Psychological Association (APA)
Sarkar, Biswajit. 2016. Supply Chain Coordination with Variable Backorder, Inspections, and Discount Policy for Fixed Lifetime Products. Mathematical Problems in Engineering،Vol. 2016, no. 2016, pp.1-14.
https://search.emarefa.net/detail/BIM-1112436
Modern Language Association (MLA)
Sarkar, Biswajit. Supply Chain Coordination with Variable Backorder, Inspections, and Discount Policy for Fixed Lifetime Products. Mathematical Problems in Engineering No. 2016 (2016), pp.1-14.
https://search.emarefa.net/detail/BIM-1112436
American Medical Association (AMA)
Sarkar, Biswajit. Supply Chain Coordination with Variable Backorder, Inspections, and Discount Policy for Fixed Lifetime Products. Mathematical Problems in Engineering. 2016. Vol. 2016, no. 2016, pp.1-14.
https://search.emarefa.net/detail/BIM-1112436
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1112436