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A Multi Item Integrated Inventory Model with Reparability and Manufacturing of Fresh Products

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  • Pinky Saxena
  • S. R. Singh
  • Isha Sangal

Abstract

In this paper a multi item integrated inventory model is presented with reparability of returned items. It is assumed here that only a certain ratio of returned items can be repaired and the remaining stock of returned items is salvaged. By using these returned items, the waste can be reduced, which pollute the environment. This is a green supply chain where the demand for the products is selling price dependent and production rate is taken as a function of demand rate. The shortages are allowed here. A numerical example and sensitivity analysis are also presented to illustrate the model.

Suggested Citation

  • Pinky Saxena & S. R. Singh & Isha Sangal, 2016. "A Multi Item Integrated Inventory Model with Reparability and Manufacturing of Fresh Products," Modern Applied Science, Canadian Center of Science and Education, vol. 10(7), pages 1-74, July.
    • Handle: RePEc:ibn:masjnl:v:10:y:2016:i:7:p:74
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    References listed on IDEAS

    as
    1. Shilpy Tayal & S.R. Singh & Rajendra Sharma & Anand Chauhan, 2014. "Two echelon supply chain model for deteriorating items with effective investment in preservation technology," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 6(1), pages 84-105.
    2. Laith A. Hadidi & Umar M. Al-Turki & M. Abdur Rahim, 2011. "An integrated cost model for production scheduling and perfect maintenance," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 3(4), pages 395-413.
    3. David A. Schrady, 1967. "A deterministic inventory model for reparable items," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 14(3), pages 391-398.
    4. Lenard, J. D. & Roy, B., 1995. "Multi-item inventory control: A multicriteria view," European Journal of Operational Research, Elsevier, vol. 87(3), pages 685-692, December.
    5. Dharmendra Yadav & Shivraj Pundir & Rachna Kumari, 2011. "A fuzzy multi-item production model with reliability and flexibility under limited storage capacity with deterioration via geometric programming," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 3(1), pages 78-98.
    6. Hardik N. Soni & Kamlesh A. Patel, 2014. "Optimal policies for vendor-buyer inventory system involving defective items with variable lead time and service level constraint," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 6(3), pages 316-343.
    7. Bhattacharya, D. K., 2005. "On multi-item inventory," European Journal of Operational Research, Elsevier, vol. 162(3), pages 786-791, May.
    8. Shilpy Tayal & S.R. Singh & Rajendra Sharma, 2016. "An integrated production inventory model for perishable products with trade credit period and investment in preservation technology," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 8(2), pages 137-163.
    9. Ruud H. Teunter, 2001. "Economic ordering quantities for recoverable item inventory systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 48(6), pages 484-495, September.
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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