Integrated supply chain model with pricing strategies and
controllable processing lead time under VMI-CS policy

Annadurai; and Padmapriya

doi:https://doi.org/10.14445/22315373/IJMTT-V68I6P507

International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 68 | Issue 6 | Year 2022 | Article Id. IJMTT-V68I6P507 | DOI : https://doi.org/10.14445/22315373/IJMTT-V68I6P507

Integrated supply chain model with pricing strategies and controllable processing lead time under VMI-CS policy

Annadurai, and Padmapriya

Received	Revised	Accepted	Published
15 Apr 2022	02 Jun 2022	05 Jun 2022	22 Jun 2022

Abstract

This paper considers a supply chain inventory model with one vendor and multiple buyers under a vendor managed inventory with consignment stock agreement between the vendor and buyer. The supply lead time between the vendor and the buyer is considered as controllable at a cost. The expected linear demand of each buyer is assumed in which the demand depends on the selling price and lead time. A numerical example and sensitivity analysis are used to demonstrate the proposed model with the objective of maximizing total profit.

Keywords

Supply chain, controllable lead time, vendor managed inventory, consignment stock, price-sensitive demand.

References

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Citation :

Annadurai, and Padmapriya, "Integrated supply chain model with pricing strategies and controllable processing lead time under VMI-CS policy," International Journal of Mathematics Trends and Technology (IJMTT), vol. 68, no. 6, pp. 60-80, 2022. Crossref, https://doi.org/10.14445/22315373/IJMTT-V68I6P507