An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain
The first level of the supply chain basically contains three distinguished levels; these are single buyer (that is retailer), the second level vendor (that is warehouse) and single seller in the third level. The aim of this study was to investigate the cooperative of inventory models among the playe...
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Format: | Article |
Language: | English |
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Academic Journals
2011
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Online Access: | http://psasir.upm.edu.my/id/eprint/22940/1/An%20integrated%20inventory%20models%20under%20cooperative%20and.pdf |
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author | Shahrjerdi, Reza Mohd Ariffin, Mohd Khairol Anuar Mustapha, Faizal Ismail, Napsiah Esmaeili, Maryam |
author_facet | Shahrjerdi, Reza Mohd Ariffin, Mohd Khairol Anuar Mustapha, Faizal Ismail, Napsiah Esmaeili, Maryam |
author_sort | Shahrjerdi, Reza |
collection | UPM |
description | The first level of the supply chain basically contains three distinguished levels; these are single buyer (that is retailer), the second level vendor (that is warehouse) and single seller in the third level. The aim of this study was to investigate the cooperative of inventory models among the players in a three-level supply chain. In addition, the challenges involved in determining the optimal value of time interval between consecutive setups and orders in a coordinated inventory model were also taken into consideration. For this purpose, the researchers selected three types of non-cooperative models; nonetheless, the primary focus of this model is to reduce the coordinated total relevant cost to the minimum. This was followed by the implementation of recompense policy for the losses and profits of the coordinated inventory model proposed in the present study. The method which offers an optimal solution for the model developed in this study was obtained, whereas a numerical example was also given and demonstrated. |
first_indexed | 2024-03-06T07:55:26Z |
format | Article |
id | upm.eprints-22940 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-03-06T07:55:26Z |
publishDate | 2011 |
publisher | Academic Journals |
record_format | dspace |
spelling | upm.eprints-229402015-11-30T09:01:57Z http://psasir.upm.edu.my/id/eprint/22940/ An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain Shahrjerdi, Reza Mohd Ariffin, Mohd Khairol Anuar Mustapha, Faizal Ismail, Napsiah Esmaeili, Maryam The first level of the supply chain basically contains three distinguished levels; these are single buyer (that is retailer), the second level vendor (that is warehouse) and single seller in the third level. The aim of this study was to investigate the cooperative of inventory models among the players in a three-level supply chain. In addition, the challenges involved in determining the optimal value of time interval between consecutive setups and orders in a coordinated inventory model were also taken into consideration. For this purpose, the researchers selected three types of non-cooperative models; nonetheless, the primary focus of this model is to reduce the coordinated total relevant cost to the minimum. This was followed by the implementation of recompense policy for the losses and profits of the coordinated inventory model proposed in the present study. The method which offers an optimal solution for the model developed in this study was obtained, whereas a numerical example was also given and demonstrated. Academic Journals 2011-09 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/22940/1/An%20integrated%20inventory%20models%20under%20cooperative%20and.pdf Shahrjerdi, Reza and Mohd Ariffin, Mohd Khairol Anuar and Mustapha, Faizal and Ismail, Napsiah and Esmaeili, Maryam (2011) An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain. African Journal of Business Management, 5 (20). pp. 8361-8367. ISSN 1993-8233 http://www.academicjournals.org/journal/AJBM/article-abstract/6CE88C218492 |
spellingShingle | Shahrjerdi, Reza Mohd Ariffin, Mohd Khairol Anuar Mustapha, Faizal Ismail, Napsiah Esmaeili, Maryam An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain |
title | An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain |
title_full | An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain |
title_fullStr | An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain |
title_full_unstemmed | An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain |
title_short | An integrated inventory models under cooperative and non-cooperative seller-buyer and vendor supply chain |
title_sort | integrated inventory models under cooperative and non cooperative seller buyer and vendor supply chain |
url | http://psasir.upm.edu.my/id/eprint/22940/1/An%20integrated%20inventory%20models%20under%20cooperative%20and.pdf |
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