IDEAS home Printed from https://ideas.repec.org/a/ids/ijmore/v11y2017i3p357-368.html
   My bibliography  Save this article

Joint inventory-production inventory model with defective items, uncertain demand and allowable shortage

Author

Listed:
  • Aref Gholami
  • Seyed Hamid Reza Pasandideh
  • Abolfazl Mirzazadeh

Abstract

Due to uncertain demand observed in the industries, it is important to investigate on the effect of this crucial issue on integrated vendor-buyer inventory model. Hence, in a specific imperfect manufacturing system, this paper, presents an integrated vendor-buyer inventory model wherein buyer's lead time demand is follows a normal distribution. As a consequence of demand uncertainty, a full backorder system for allowable shortage is considered. A solution procedure is proposed to find optimal joint strategy of both vendor and buyer and numerical example is presented to illustrate the results of the proposed model. This study, also, shows a respective probabilistic inventory model to be minimised is jointly convex in the decision variables. The proposed algorithm is coded by MATLAB 2012b.

Suggested Citation

  • Aref Gholami & Seyed Hamid Reza Pasandideh & Abolfazl Mirzazadeh, 2017. "Joint inventory-production inventory model with defective items, uncertain demand and allowable shortage," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 11(3), pages 357-368.
    • Handle: RePEc:ids:ijmore:v:11:y:2017:i:3:p:357-368
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=87209
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adrian Pagan, 2007. "Weak instruments (in Russian)," Quantile, Quantile, issue 2, pages 71-81, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmore:v:11:y:2017:i:3:p:357-368. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=320 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.