Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy

This paper considers the problem of a vendor or manufacturer supplying a final production batch to a single buyer under linearly decreasing demand for a finite time horizon. The vendor manufactures the product at a finite rate and ships the output to the buyer. In this model we considered the case w...

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Main Authors:	Omar, M, Supadi, S.S
Format:	Article
Language:	English
Published:	Universiti Kebangsaan Malaysia 2012
Online Access:	http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/1/14%2520Omar.pdf

id	ukm-3591
recordtype	eprints
spelling	ukm-35912016-12-14T06:34:53Z http://journalarticle.ukm.my/3591/ Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy Omar, M Supadi, S.S This paper considers the problem of a vendor or manufacturer supplying a final production batch to a single buyer under linearly decreasing demand for a finite time horizon. The vendor manufactures the product at a finite rate and ships the output to the buyer. In this model we considered the case where the holding cost at the vendor is greater than the buyer and propose a consignment model. The objective was to minimize the total cost of stock transfer from vendor to buyer and stock holding at the vendor and the buyer. We derived the structure of the optimal solution and illustrate the proposed models with numerical examples. Universiti Kebangsaan Malaysia 2012-03 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/3591/1/14%2520Omar.pdf Omar, M and Supadi, S.S (2012) Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy. Sains Malaysiana, 41 (3). pp. 367-370. ISSN 0126-6039 http://www.ukm.my/jsm/contents.html
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	This paper considers the problem of a vendor or manufacturer supplying a final production batch to a single buyer under linearly decreasing demand for a finite time horizon. The vendor manufactures the product at a finite rate and ships the output to the buyer. In this model we considered the case where the holding cost at the vendor is greater than the buyer and propose a consignment model. The objective was to minimize the total cost of stock transfer from vendor to buyer and stock holding at the vendor and the buyer. We derived the structure of the optimal solution and illustrate the proposed models with numerical examples.
format	Article
author	Omar, M Supadi, S.S
spellingShingle	Omar, M Supadi, S.S Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
author_facet	Omar, M Supadi, S.S
author_sort	Omar, M
title	Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
title_short	Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
title_full	Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
title_fullStr	Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
title_full_unstemmed	Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
title_sort	integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
publisher	Universiti Kebangsaan Malaysia
publishDate	2012
url	http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/1/14%2520Omar.pdf
first_indexed	2023-09-18T19:39:13Z
last_indexed	2023-09-18T19:39:13Z
_version_	1777405477084200960

Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy

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