![](/images/graphics-bg.png)
Effects of Variable Production Rate and Time-Dependent Holding Cost for Complementary Products in Supply Chain Model
Joint Authors
Sarkar, Biswajit
Hur, Sun
Sarkar, Mitali
Source
Mathematical Problems in Engineering
Issue
Vol. 2017, Issue 2017 (31 Dec. 2017), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2017-05-16
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
Recently, a major trend is going to redesign a production system by controlling or making variable the production rate within some fixed interval to maintain the optimal level.
This strategy is more effective when the holding cost is time-dependent as it is interrelated with holding duration of products and rate of production.
An effort is made to make a supply chain model (SCM) to show the joint effect of variable production rate and time-varying holding cost for specific type of complementary products, where those products are made by two different manufacturers and a common retailer makes them bundle and sells bundles to end customers.
Demand of each product is specified by stochastic reservation prices with a known potential market size.
Those players of the SCM are considered with unequal power.
Stackelberg game approach is employed to obtain global optimum solution of the model.
An illustrative numerical example, graphical representation, and managerial insights are given to illustrate the model.
Results prove that variable production rate and time-dependent holding cost save more than existing literature.
American Psychological Association (APA)
Sarkar, Mitali& Hur, Sun& Sarkar, Biswajit. 2017. Effects of Variable Production Rate and Time-Dependent Holding Cost for Complementary Products in Supply Chain Model. Mathematical Problems in Engineering،Vol. 2017, no. 2017, pp.1-13.
https://search.emarefa.net/detail/BIM-1189948
Modern Language Association (MLA)
Sarkar, Mitali…[et al.]. Effects of Variable Production Rate and Time-Dependent Holding Cost for Complementary Products in Supply Chain Model. Mathematical Problems in Engineering No. 2017 (2017), pp.1-13.
https://search.emarefa.net/detail/BIM-1189948
American Medical Association (AMA)
Sarkar, Mitali& Hur, Sun& Sarkar, Biswajit. Effects of Variable Production Rate and Time-Dependent Holding Cost for Complementary Products in Supply Chain Model. Mathematical Problems in Engineering. 2017. Vol. 2017, no. 2017, pp.1-13.
https://search.emarefa.net/detail/BIM-1189948
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1189948