Optimal Order Allocation and Supplier Selection with Imperfect Quality Products and Financial Constraint
Journal Title: Caspian Journal of Applied Sciences Research - Year 2012, Vol 1, Issue 12
Abstract
The Classical Economic Order Quantity (EOQ) is a well-known inventory control technique. Two common assumptions in this technique are: (i) there is one level and (ii) the ordered items are of perfect quality. We have considered a two-level supply chain with one retailer and a set of suppliers. A model has been formulated that simultaneously determines both supplier selection and inventory allocation problems in the supply chain. The retailer orders multi product with a special selling season to a set of suppliers. The received products dependent on the suppliers contain a certain percentage of imperfect quality items and have different prices. It is assumed that the retailer has a limited capital and maximum storage space to hold the received products. On the other hand, the suppliers have a limited capacity for supply. So, the problem is modeled as a mixed integer nonlinear programming model. The retailer needs to make a decision about which products, with which quantities and to which suppliers should he order for maximizing the total profit. The clothing, fishery and fruits industries give good examples for the introduced model. Finally, two numerical examples are presented to illustrate the efficiency of the proposed model.
Authors and Affiliations
Mostafa Setak, Mohammad Hossein Gorji
Keywords
Related Articles
- EP ID EP114467
- DOI -
- Views 120
- Downloads 0
The Effect of Towing Duration on the Catch per Unit of Swept Area (CPUA) from the Bottom Trawl Surveys in the Persian Gulf
This study was conducted to record best towing duration for bottom trawl surveys to stock assessment in the Persian Gulf. Shannon-Wiener, Margalef and evennes index were calculated for four towing duration (60, 90, 120 a...
The Effects of Jig Color and Depth Variation on Catch Rates of Purpleback Flying Squid, Sthenoteuthis oualaniensis (Lesson, 1830) in Iranian Waters of the Oman Sea
The objective of the present study was to determine the effects of jig color and depth variations on squid catchability in Iranian waters of the Oman Sea (Bandar-e jask and Chabahar). Two different colors of jigs (green...
Is Leadership Style Connected with the Productivity?
The link between managers’ effective leadership style and improving productivity at the organizational and personal level is an interesting topic for all administrative system during Reform Program. Leadership styl...
Formation and Evolution of Land Use Toward an Initial Synthesis of Selected Elements and Its Distribution in Soils of Eastern Guilan Province of Iran
The mass balance approach provides a valuable platform to model soil and link pedology to other modern earth science disciplines. The hypothesis of mass conservation within soil profile is base on the evolution of...
From “Strategic Fit” to Synergy Evaluation in M&A Deals
The aim of this paper is to grasp the processes underlying the genesis and assessment of synergies in M&A deals. We proceed to an in-depth scrutiny of the foundations of synergies using Porter’s model of the va...