Two- Echelon Trade Credit Financing in a Supply Chain with zeibull Distribution and Exponentially Increasing Holding Cost
In the present day, competitive marketplace, offering delay payments, has becomeacommonlyadoptedmethod.Previousinventorymodelsunderpermissibledelayinpaymentsusuallyassumedthat thedemandoftheitemswaseither constantormerelydependentontheretailingprice. Inthispaper,deterministic inventory model for deteriorating items having stock and time dependent demand undertheeffectsofdeteriorationhasbeenstudied.AtwoparameterWeibulldistributionhasbeenusedtorepresentthedeteri orationrate.Thepresentmodelhas beensolvedanalyticallytominimizethetotalcostofthesystem. Thenecessary andsufficientconditionsfortheexistenceanduniquenessoftheoptimalsolutions whichcouldminimizetheretailer’stotalcostperunittimehasbeendiscussed. Anumericalexampleisincludedtodemonstratethedevelopedmodelandthe solutionprocedure.Toinvestigatetheeffectofchangesinsomemainparameters valuesontheoptimalsolution,weconductasensitivityanalysisanddiscusssome important managerial insights. SubjectClassificationCode:90B05
Authors
- D. Sharmila
- R. Uthayakumar
Publication Details
- Journal
- International journal of mathematics and statistics invention.
- Published
- 2025-03-01
- DOI
- https://doi.org/10.35629/4767-13035278
- Primary Topic
- Working Capital and Financial Performance
- Type
- article
- Field-Weighted Citation Impact
- 0.00