Year 2017, Volume , Issue 17, Pages 82 - 97 2017-07-01

A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE

Santanu Kumar Ghosh [1]


Abstaract−While formulating inventory models with trade credit facilities, most of the inven- tory modelers so far assumed that the up-stream suppliers offer the down-stream retailers a fixed credit period. However, some times the retailers also provide a credit period to the end customers to promote the market competition. In the present paper, a supply chain inventory model of a deteriorating item has been formulated under two levels of trade credit policy, namely by the sup- pliers to the retailers and also by the retailers to the end customers with default risk consideration. In the proposed model, it has been assumed the demand is dependent linearly on time as well as on credit facility offered by the retailers. The model is solved analytically to find the retailer’s optimal credit period and optimal cycle time which maximizes the total average profit. The solution of the model is illustrated with the help of a numerical example. The sensitivity of the optimal solution is also carried out with respect to the changes to the different system parameters
−Inventory, Deterioration, Time and trade credit dependent demand, Supply chainmanagement
Other ID JA73VH56EA
Journal Section Research Article
Authors

Author: Santanu Kumar Ghosh

Dates

Publication Date : July 1, 2017

Bibtex @ { jnt381401, journal = {Journal of New Theory}, issn = {2149-1402}, address = {Mathematics Department, Gaziosmanpasa University 60250 Tokat-TURKEY.}, publisher = {Gaziosmanpasa University}, year = {2017}, volume = {}, pages = {82 - 97}, doi = {}, title = {A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE}, key = {cite}, author = {Ghosh, Santanu Kumar} }
APA Ghosh, S . (2017). A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE . Journal of New Theory , (17) , 82-97 . Retrieved from https://dergipark.org.tr/en/pub/jnt/issue/34516/381401
MLA Ghosh, S . "A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE" . Journal of New Theory (2017 ): 82-97 <https://dergipark.org.tr/en/pub/jnt/issue/34516/381401>
Chicago Ghosh, S . "A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE". Journal of New Theory (2017 ): 82-97
RIS TY - JOUR T1 - A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE AU - Santanu Kumar Ghosh Y1 - 2017 PY - 2017 N1 - DO - T2 - Journal of New Theory JF - Journal JO - JOR SP - 82 EP - 97 VL - IS - 17 SN - 2149-1402- M3 - UR - Y2 - 2021 ER -
EndNote %0 Journal of New Theory A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE %A Santanu Kumar Ghosh %T A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE %D 2017 %J Journal of New Theory %P 2149-1402- %V %N 17 %R %U
ISNAD Ghosh, Santanu Kumar . "A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE". Journal of New Theory / 17 (July 2017): 82-97 .
AMA Ghosh S . A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE. JNT. 2017; (17): 82-97.
Vancouver Ghosh S . A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE. Journal of New Theory. 2017; (17): 82-97.
IEEE S. Ghosh , "A TWO ECHELON SUPPLY CHAIN INVENTORY MODEL FOR A DETERIORATING ITEM WHEN DEMAND IS TIME AND CREDIT SENSITIVE", Journal of New Theory, no. 17, pp. 82-97, Jul. 2017