A Multi-Vendor Single-Buyer Integrated Inventory Model with Shortages

Authors

  • Debashish Kumar Information Technology, XLRI Jamshedpur, Jharkhand, India
  • D. A. Khan Department of Computer Applications, NIT Jamshedpur, Jharkhand, India
  • T. Mandal Department of Mathematics, NIT Jamshedpur, Jharkhand, India

DOI:

https://doi.org/10.53983/ijmds.v6i3.265

Keywords:

Inventory, Inventory system, integrated inventory, shortages

Abstract

This paper develops a more general production-inventory model for a one-buyer-multi-vendor integrated system. We consider the problems where a manufacturer faces problem from the supply side when sourcing a product from heterogeneous suppliers. The model is extended to the situation with shortage permitted, based on shortage being allowed to occur only for the buyer. A numerical example and sensitivity analysis is presented to illustrate the procedure.

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Published

31-03-2017

How to Cite

Debashish Kumar, D. A. Khan, and T. Mandal. “A Multi-Vendor Single-Buyer Integrated Inventory Model With Shortages”. International Journal of Management and Development Studies, vol. 6, no. 3, Mar. 2017, pp. 05-16, doi:10.53983/ijmds.v6i3.265.

Issue

Vol. 6 No. 3 (2017): IJMDS

Section

Articles