Title

SINGLE PRODUCT MULTIPLE MANUFACTURES
SUPPLY CHAIN MODEL FOR FIXED LIFETIME PRODUCT

Authors

P. Muniappan, R. Uthayakumar, M. Ravithammal
Department of Mathematics
Sathyabama University
Chennai, 600 119,Tamil Nadu, INDIA
Department of Mathematics
Gandhigram Rural Institute - Deemed University
Dindigul, 624 302, Tamil Nadu, INDIA
Department of Mathematics
Vels University
Chennai, 600 117, Tamil Nadu, INDIA

Abstract

In this paper production inventory model is developed for single product with multiple manufacturers. The developed model considered two part coordination scheme (non coordination and coordination). In non coordination scheme Manufacture1 and Manufacture2 produces the same product and shortages are allowed only for Manufacture1. In coordination scheme Manufacture1 stop their production, purchase products from Manufacture2. In order to stimulate sales and reduce inventory Manufacturer2 frequently offers quantity discount to Manufacture1 in coordination scheme. The aim of the study is to determining the optimum multiples of orders which will minimize the total inventory cost. A numerical example is given to illustrate the solution procedure of the model. Finally, based on this example, we conduct a sensitivity analysis of the model.

History

Received: April 29, 2017
Revised: May 23, 2017
Published: July 16, 2017

AMS Classification, Key Words

AMS Subject Classification: 90B05, 65K10
Key Words and Phrases: production, inventory, quantity discount, coordination, fixed life time products

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How to Cite?

DOI: 10.12732/ijpam.v115i5.2 How to cite this paper?

Source: International Journal of Pure and Applied Mathematics
ISSN printed version: 1311-8080
ISSN on-line version: 1314-3395
Year: 2017
Volume: 115
Issue: 5
Pages: 1013 - 1024

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This work is licensed under the Creative Commons Attribution International License (CC BY).

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