... and performing a sensitivity analysis to gain managerial insights and results. Design/methodology/approach This work presents an integrated inventory model with a bi-level trade credit period and an all-unit discount dependent on order size under capacity constraints. To address stockouts, this model uses...

... loop, on the order and inventory performance within a production-inventory control system. Design/methodology/approach The simulation experiments of the dynamics behaviour of the production-inventory control system are conducted using a model based on control theory techniques. The Laplace...

...Abolfazl Gharaei; Seyed Hamid Reza Pasandideh; Alireza Arshadi Khamseh Purpose The main purpose is to minimize the total inventory cost of chain, whereas the stochastic constraints are satisfied. In other words, the goal is to find optimum agreed stockpiles and period length for products...

...Tingting Wang; Chuiri Zhou Purpose This paper aims to study a retailer’s decision on the price and inventory when facing strategic consumer behavior and demand uncertainty. Price protection is a kind of rebate that the retailer provides to consumers when the price drops during the selling season...

... Limited 2017 Emerald Publishing Limited Licensed re-use rights only Purchasing Inventory Discounts Simulated annealing Multiproduct According to Erlenkotter (1990) , the economic order quantity (EOQ) is an important tool for companies that wish to minimise their inventory...

... organizations operating independently or in the supply chains. Originality/value On the basis of the forecast, a production or procurement plan is generated in many of the industrial or business situations. In the context of supply chain/production/inventory management, focus is more on demand forecasting...

... Publishing Limited 2015 Decision making Operations management EOQ Management Supply chain management Inventory The economic order quantity (EOQ) is an important tool for companies that wish to minimize their inventory costs, finding a balance between the number of orders per year...

... – A discrete z transform model of automatic pipeline, variable inventory and order based production control system three-tier supply chain is obtained using a state-space model using a reachable control formulation. This model provides a discrete time state-space model conversion using an exponential...

...Nita H. Shah; Ajay S. Gor; Chetan A. Jhaveri Purpose The purpose of this paper is to study integrated inventory system and pricing and ordering strategy for vendor‐buyer supply chain system. Here, the vendor offers a trade credit to the buyer when the buyer's order quantity exceeds a given pre...