Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy
This paper considers the problem of a vendor or manufacturer supplying a final production batch to a single buyer under linearly decreasing demand for a finite time horizon. The vendor manufactures the product at a finite rate and ships the output to the buyer. In this model we considered the case w...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Kebangsaan Malaysia
2012
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| Online Access: | http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/1/14%2520Omar.pdf |
| _version_ | 1848810239378325504 |
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| author | Omar, M Supadi, S.S |
| author_facet | Omar, M Supadi, S.S |
| author_sort | Omar, M |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | This paper considers the problem of a vendor or manufacturer supplying a final production batch to a single buyer under linearly decreasing demand for a finite time horizon. The vendor manufactures the product at a finite rate and ships the output to the buyer. In this model we considered the case where the holding cost at the vendor is greater than the buyer and propose a consignment model. The objective was to minimize the total cost of stock transfer from vendor to buyer and stock holding at the vendor and the buyer. We derived the structure of the optimal solution and illustrate the proposed models with numerical examples. |
| first_indexed | 2025-11-14T23:27:21Z |
| format | Article |
| id | oai:generic.eprints.org:3591 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T23:27:21Z |
| publishDate | 2012 |
| publisher | Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:35912016-12-14T06:34:53Z http://journalarticle.ukm.my/3591/ Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy Omar, M Supadi, S.S This paper considers the problem of a vendor or manufacturer supplying a final production batch to a single buyer under linearly decreasing demand for a finite time horizon. The vendor manufactures the product at a finite rate and ships the output to the buyer. In this model we considered the case where the holding cost at the vendor is greater than the buyer and propose a consignment model. The objective was to minimize the total cost of stock transfer from vendor to buyer and stock holding at the vendor and the buyer. We derived the structure of the optimal solution and illustrate the proposed models with numerical examples. Universiti Kebangsaan Malaysia 2012-03 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/3591/1/14%2520Omar.pdf Omar, M and Supadi, S.S (2012) Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy. Sains Malaysiana, 41 (3). pp. 367-370. ISSN 0126-6039 http://www.ukm.my/jsm/contents.html |
| spellingShingle | Omar, M Supadi, S.S Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| title | Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| title_full | Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| title_fullStr | Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| title_full_unstemmed | Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| title_short | Integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| title_sort | integrated models for shipping a vendor’s final production batch to a single buyer under linearly decreasing demand for consignment policy |
| url | http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/ http://journalarticle.ukm.my/3591/1/14%2520Omar.pdf |