Integrated vendor-buyer supply chain model with vendor's setup cost reduction

Biswajit Sarkar, Arunava Majumder

Research output: Contribution to journalArticle

59 Citations (Scopus)

Abstract

This paper deals with an integrated vendor-buyer supply chain model. Two models are constructed based on the probability distribution of the lead time demand. The lead time demand follows a normal distribution in the first model. In the second model, we consider the distribution free approach for the lead time demand. For the second model, only mean and standard deviation are known. The aim of our model is to reduce the total system cost by considering the setup cost reduction of the vendor. Finally, some numerical examples are presented to illustrate the models.

Original languageEnglish
Pages (from-to)362-371
Number of pages10
JournalApplied Mathematics and Computation
Volume224
DOIs
Publication statusPublished - 2013 Oct 4

Fingerprint

Setup Cost
Cost reduction
Supply Chain
Supply chains
Model
Mean deviation
Distribution-free
Normal distribution
Standard deviation
Probability distributions
Gaussian distribution
Probability Distribution
Numerical Examples
Costs
Demand

All Science Journal Classification (ASJC) codes

  • Computational Mathematics
  • Applied Mathematics

Cite this

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Integrated vendor-buyer supply chain model with vendor's setup cost reduction. / Sarkar, Biswajit; Majumder, Arunava.

In: Applied Mathematics and Computation, Vol. 224, 04.10.2013, p. 362-371.

Research output: Contribution to journalArticle

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