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Growing Science » International Journal of Industrial Engineering Computations » Vendor-buyer ordering policy when demand is trapezoidal

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International Journal of Industrial Engineering Computations

ISSN 1923-2934 (Online) - ISSN 1923-2926 (Print)
Quarterly Publication
Volume 3 Issue 5 pp. 721-730 , 2012

Vendor-buyer ordering policy when demand is trapezoidal Pages 721-730 Right click to download the paper Download PDF

Authors: Nita H. Shah, Digeshkumar B. Shah

DOI: 10.5267/j.ijiec.2012.07.002

Keywords: Credit period, Negoti, Vendor-buyer joint decision

Abstract: A joint vendor-buyer strategy is analyzed which is beneficial to both the players in the supply chain. The demand is assumed to be trapezoidal. It is established numerically that the joint venture decreases the total cost of the supply chain when compared with the independent decision of the buyer. To entice the buyer to order more units, a permissible credit period is offered by the vendor to the buyer. A negotiation factor is incorporated to share the cost savings.

How to cite this paper
Shah, N & Shah, D. (2012). Vendor-buyer ordering policy when demand is trapezoidal.International Journal of Industrial Engineering Computations , 3(5), 721-730.

Refrences
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Journal: International Journal of Industrial Engineering Computations | Year: 2012 | Volume: 3 | Issue: 5 | Views: 1992 | Reviews: 0

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