Integrated Optimal Solution for Variable Deteriorating Inventory System of Vendor – Buyer when Demand is Quadratic

Ajay S Gor; Nita H Shah; Chetan Jhaveri

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Integrated Optimal Solution for Variable Deteriorating Inventory System of Vendor – Buyer when Demand is Quadratic

机译：需求为二次方时卖方-买方可变恶化库存系统的集成优化解决方案

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An integrated optimal policy for the vendor and the buyer is studied when units in inventory are subject to deterioration at different rates and demand is quadratic. It is shown numerically that the integrated approach reduces the total joint cost significantly when compared with the independent decision of both the players. To encourage the buyer to place order of larger size, a permissible trade credit is offered by the vendor to the buyer to settle the account. A negotiation factor is incorporated to share the benefits of cost savings.

机译：当库存的单位以不同的速度恶化并且需求是二次方时，研究了针对卖方和买方的综合最优策略。从数字上显示，与两个参与者的独立决策相比，集成方法显着降低了总联合成本。为了鼓励买方下更大的订单，卖方会向买方提供允许的贸易信用额以结算帐户。并入了一个谈判因素来分享节省成本的好处。

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《Canadian Journal of Pure and Applied Sciences》 |2009年第1期|共5页
作者
Ajay S Gor; Nita H Shah; Chetan Jhaveri;
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Integrated Optimal Solution for Variable Deteriorating Inventory System of Vendor – Buyer when Demand is Quadratic

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