Optimal Strategy for the Integrated Imperfect Production Inventory Model with Permissible Delay in Payments Depending on the Ordering Quantity
碩士 === 國立臺北科技大學 === 工業工程與管理研究所 === 97 === Due to increasing challenges and changing demand in highly competitive global supply chain environment, how to use inventory control reducing lead time and the associated inventory cost become more and more important in this situation. The assumptions necess...
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| Format: | Others |
| Language: | en_US |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/trencu |
| Summary: | 碩士 === 國立臺北科技大學 === 工業工程與管理研究所 === 97 === Due to increasing challenges and changing demand in highly competitive global supply chain environment, how to use inventory control reducing lead time and the associated inventory cost become more and more important in this situation. The assumptions necessary to rationalize the use of traditional inventory models are seldom satisfied. So the objective of this study is to develop an improved inventory model and its solution algorithm to help the enterprises to advance their cost decreasing in a single vendor-single buyer environment with permissible delay in payments depending on the ordering quantity and imperfect production. The goal of this paper is to derive simultaneously the optimal order quantity and the number of lots which are delivered from the vender to the buyer. Finally, numerical examples are given to explain the proposed solution procedure. The results of examples illustrate that applying the permissible delay in payments depending on the ordering quantity strategy can create a win-win situation between the vendor and the buyer. Furthermore, imperfect quality items will cause the cost and number of lots increase of the whole model. So for more closely conforming to the actual inventories and responding to the factors that contribute to inventory costs, our proposed new model can be the references to the business applications.
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