Keywords : Inventory model
Study Of Deterministic Inventory Model For Deteriorating Items With Stock- Dependent Demand Rate Under Inflation
European Journal of Molecular & Clinical Medicine,
2021, Volume 8, Issue 3, Pages 1263-1267
Deterministic inventory model for deteriorating items with stock dependent demand is
developed. In this model the shortages are allowed and partially backlogged and the effect
of inflation rate and delay in payments are discussed. This paper establishes an inventory
model for the deteriorating items and stock dependent demand rate under inflation when
the supplier offers a permissible delay to the purchaser. A sensitivity analysis of the optimal
solution with respect to the parameters of the system is carried out.
ENVIRONMENTALLY SUSTAINABLE INVENTORY MODEL WITH THE IMPACT OF TRADE CREDIT AND PARTIAL BACKORDERING
European Journal of Molecular & Clinical Medicine,
2020, Volume 7, Issue 9, Pages 3095-3106
Sustainable management integration for reworking of faulty products provides long-lasting benefits. There are situations in global business when the products are purchased from a global supplier. There are chances that a fraction of defective goods can be in the lot earned. These defective goods are still important to save the world and
can be fixed.Repairing faulty products in a nearby repair shop is affordable when contrasted with sending them back to the retailer. The cost of carbon emissions is also integrated into the effect on net income for the environment. The supplier, meanwhile, also offers the buyer a multi-credit-period.We built a sustainability model in this paper and are raising the effect on the climate. This paper seeks to optimize overall benefit bysimultaneously considering multi-credit strategy, rework, scarcity, transportation costs, creating a synergic economic order quantity model.This model can help in making decisions to enhance sustainable inventory management efficiency by controlling the cycle time for a global supply chain. This also draws numerical comparison to provide organizational insights into actual procedures