A Comparative Study Between Inventory Followed by Shortages and Shortages Followed by Inventory Under Trade-Credit Policy

S. Khanra; Buddhadev Mandal; B. Sarkar

doi:10.1007/s40819-015-0024-z

A Comparative Study Between Inventory Followed by Shortages and Shortages Followed by Inventory Under Trade-Credit Policy

S. Khanra, Buddhadev Mandal, B. Sarkar

Department of Industrial Engineering

Research output: Contribution to journal › Article › peer-review

8 Citations (Scopus)

Abstract

This paper deals with a comparison between inventory followed by shortages model and shortages followed by inventory model with variable demand rate. It is assumed that the stock deteriorates over time which follows a two parameter Weibull distribution. Both the models are assumed fixed trade credit period to the retailer from the supplier. The model is solved analytically and the results are illustrated with numerical examples.

Original language	English
Pages (from-to)	399-426
Number of pages	28
Journal	International Journal of Applied and Computational Mathematics
Volume	1
Issue number	3
DOIs	https://doi.org/10.1007/s40819-015-0024-z
Publication status	Published - 2015 Sept 1

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Publisher Copyright:
© 2015, Springer India Pvt. Ltd.

All Science Journal Classification (ASJC) codes

Computational Mathematics
Applied Mathematics

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10.1007/s40819-015-0024-z

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A Comparative Study Between Inventory Followed by Shortages and Shortages Followed by Inventory Under Trade-Credit Policy

Abstract

Bibliographical note

All Science Journal Classification (ASJC) codes

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