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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Main Authors: Shahrjerdi, Reza, Mohd Ariffin, Mohd Khairol Anuar, Mustapha, Faizal, Ismail, Napsiah, Esmaeili, Maryam
Format: Article
Language:English
Published: Academic Journals 2011
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.
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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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