DEVELOPMENT OF SPREAD SHEET SIMULATION MODEL FOR (R,Q) INVENTORY REPLENISHMENT POLICY IN SUPPLY CHAIN

2018 ◽  
Vol 10 (12) ◽  
Author(s):  
A. A Mahamani ◽  
K. Prahlada Rao ◽  
V. Pandurangadu

The paper manages an optimal inventory replenishment policy for a deteriorating item with two part coordination technique (coordination and non coordination). The aim of this model is to determine the optimal values for every strategy such that the expected total cost is minimized. The model is solved analytically to get the ideal solution. It is then outlined with the assistance of numerical models.


2021 ◽  
Author(s):  
M. Jeganathan ◽  
S. Ravi Sankar ◽  
K. Karthikeyan ◽  
S. Nagarajan ◽  
G. Hariharan ◽  
...  

Sign in / Sign up

Export Citation Format

Share Document