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Vendor–Supplier Cooperative Inventory Model with Two Warehouse and Variable Demand Rate Under the Environment of Volume Agility

  • Isha Sangal
  • Vandana Gupta
Conference paper
Part of the Advances in Intelligent Systems and Computing book series (AISC, volume 437)

Abstract

This theory develops an integrated production model for the vendor and supplier. A supply chain model with volume agile manufacturing for the deteriorating inventory is developed. The demand rate is assumed to be parabolic for the vendor and supplier both. In this paper, supplier has two warehouses one is rented warehouse and second is owned warehouse for the excess inventory. The deterioration rate for the own warehouse is time dependent and for rented warehouse is constant. This integrated theory is examined in the environment of inflation. The purpose of this study is to minimize the integrated cost for the whole system. A numerical solution with the sensitivity analysis is given to illustrate the complete model.

Keywords

Supply chain model Two warehouse Volume agility Time dependent deterioration rate Inflation Parabolic demand rate 

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Copyright information

© Springer Science+Business Media Singapore 2016

Authors and Affiliations

  1. 1.Department of Mathematics and StatisticsBanasthali UniversityJaipurIndia
  2. 2.Banasthali UniversityJaipurIndia

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