A single-vendor multi-buyer integrated production-inventory system with stock-dependent demand

Omar, Mohd and Zulkipli, Hafizah (2018) A single-vendor multi-buyer integrated production-inventory system with stock-dependent demand. International Journal of Systems Science: Operations & Logistics, 5 (3). pp. 204-210. ISSN 2330-2674

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Official URL: https://doi.org/10.1080/23302674.2016.1248522

Abstract

In this paper, a manufacturing system is considered, in which a single vendor procures raw material from a single supplier through single/multiple procurement, processes the material to make finished products and ships the products to multiple buyers in single/multiple shipments who then store them in warehouses before presenting the products to end customers in display areas with single/multiple transfers. The demand rate is assumed to be positively dependent on the level of items displayed. A mathematical model for this problem is developed, the effectiveness of the model is illustrated and a sensitivity analysis of the optimal solution with respect to different sets of parameter is presented with numerical example.

Item Type: Article
Uncontrolled Keywords: Inventory; stock-dependent demand; integrated; single vendor; multiple buyers
Subjects: Q Science > Q Science (General)
Q Science > QA Mathematics
Divisions: Faculty of Science > Institute of Mathematical Sciences
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 25 Apr 2019 03:24
Last Modified: 25 Apr 2019 03:24
URI: http://eprints.um.edu.my/id/eprint/21075

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