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Supply Chain Model with Ramp Type Demand under Planning Horizon
In this paper we developed an integrated production inventory model from the perspective of vendor and the buyer. This model assumes a variation rate of deterioration, variable holding cost, inflation and multiple deliveries. Two possibilities of variations in the holding cost function that is; retroactive holding cost and incremental holding cost have been used in the model. Explain the model with the help of a numerical example also define the sensitivity analysis.
Keywords
Inflation, Inventory, Retroactive and Incremental Holding Cost, Three Parameter Weibull Deterioration Rate
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