BUYER-SELLER JOINT COST MODEL FOR DETERIORATING ITEMS WITH MULTIPLE LOT-SIZE DELIVERIES

Autor:	Mei-Yin Wu, Hui-Ming Wee
Rok vydání:	2001
Předmět:	Microeconomics Joint cost Source code Operations research Computer science media_common.quotation_subject Perspective (graphical) ComputingMilieux_COMPUTERSANDSOCIETY Perfect competition Discount points Object (computer science) Industrial and Manufacturing Engineering media_common
Zdroj:	Journal of the Chinese Institute of Industrial Engineers. 18:109-119
ISSN:	2151-7606 1017-0669
Popis:	Many inventory models are developed from the buyer's perspective, but very few models are developed from the view point of the seller. In a competitive market environment, it is important to consider the perspectives of both the buyer and the seller. This study seeks to derive the minimum joint cost for both of the seller and the buyer under harmonious cooperation. The study considers the buyer-seller inventory model for deteriorating items with multiple lot-size deliveries. The object of this study is to develop an optimal joint cost from the perspectives of both the buyer and the seller. A computer code is developed to derive the optimal solution. Numerical examples and sensitively analyses are given to validate the results.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::38823e4a82d8208739eb251601bfddb9 https://doi.org/10.1080/10170660109509451 Zobrazit plný text záznamu