A collaborative inventory system with permissible delay in payment for deteriorating items

作者: P.C. Yang , H.M. Wee

DOI: 10.1016/J.MCM.2005.09.029

关键词:

摘要: A collaborative inventory system of single vendor and buyer is developed to maximize the total profit whole system. However, optimal solution for not always beneficial both players. To ensure mutual benefit, a negotiation factor incorporated share between two players according their contributions. The permissible delay in payment win-win strategy sharing deteriorating model with finite replenishment rate price sensitive demand assumed occur high-tech, short life cycle perishable electronic product. numerical example provided illustrate our models. sensitivity analysis rate, deterioration factor, other related parameters shows that percentage extra significant when collaboration are considered.

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