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Reseach Article

Supply Chain Inventory Model for Time Dependent Deteriorating Items, Variable Holding Cost and Trade Credit

Published on March 2013 by N. Rajeswari, K. Indirani
International Conference on Innovation in Communication, Information and Computing 2013
Foundation of Computer Science USA
ICICIC2013 - Number 2
March 2013
Authors: N. Rajeswari, K. Indirani
9879f500-351b-4a9c-b0da-f3fff19d123c

N. Rajeswari, K. Indirani . Supply Chain Inventory Model for Time Dependent Deteriorating Items, Variable Holding Cost and Trade Credit. International Conference on Innovation in Communication, Information and Computing 2013. ICICIC2013, 2 (March 2013), 23-26.

@article{
author = { N. Rajeswari, K. Indirani },
title = { Supply Chain Inventory Model for Time Dependent Deteriorating Items, Variable Holding Cost and Trade Credit },
journal = { International Conference on Innovation in Communication, Information and Computing 2013 },
issue_date = { March 2013 },
volume = { ICICIC2013 },
number = { 2 },
month = { March },
year = { 2013 },
issn = 0975-8887,
pages = { 23-26 },
numpages = 4,
url = { /proceedings/icicic2013/number2/11295-1355/ },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Proceeding Article
%1 International Conference on Innovation in Communication, Information and Computing 2013
%A N. Rajeswari
%A K. Indirani
%T Supply Chain Inventory Model for Time Dependent Deteriorating Items, Variable Holding Cost and Trade Credit
%J International Conference on Innovation in Communication, Information and Computing 2013
%@ 0975-8887
%V ICICIC2013
%N 2
%P 23-26
%D 2013
%I International Journal of Computer Applications
Abstract

The objective of this paper is to formulate and determine the optimal replenishment policy for a retailer's EOQ model with time dependent deterioration and variable holding cost. Here two levels of trade credit policies in which the supplier offers the retailer a permissible delay period and the retailer in turn provides a maximal trade credit period to their customers in a supply chain system are considered. Some results have been developed to determine the optimal ordering policies for the retailer. These results help the retailer to take appropriate inventory decisions. A numerical example is used to highlight the application of the EOQ model. Sensitivity analysis of the optimal solution with respect to major parameters is carried out.

References
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Index Terms

Computer Science
Information Sciences

Keywords

Time Dependent Deteriorating Items Eoq Variable Holding Cost Trade Credit Permissible Delay In Payments Supply Chain