A VENDOR-BUYER SUPPLY CHAIN MODEL WITH IMPERFECT PRODUCTION UNDER TIME, PRICE AND PRODUCT RELIABILITY DEPENDENT DEMAND

  • Biswarup Samanta Department of Mathematics, Jadavpur University, Kolkata,700032, India https://orcid.org/0000-0001-8658-696X
  • Arpita Giri Regent Engineering College, Barrackpore, Kolkata 700121, India
  • Bibhas C. Giri Department of Mathematics, Jadavpur University, Kolkata,700032, India
  • Kripasindhu Chaudhuri Department of Mathematics, Jadavpur University, Kolkata,700032, India
Keywords: Supply chain, Pricing, Reliabillity, Imperfect Production

Abstract

This article investigates a single-vendor single-buyer supply chain model where the market demand depends on time as well as selling price and product reliability. The vendor's production rate is not constant but depends on the market demand. The vendor's production process is not perfectly reliable; it may produce some percentage of defective items during a production run. The vendor takes up a lot-for-lot policy for delivering the ordered quantity to the buyer who performs 100\% screening after receiving each lot. The average total profit of the integrated supply chain is derived and a numerical example is taken to validate the developed model. The optimal results of the proposed model are also discussed for some particular cases. Sensitivity analysis is performed to investigate the influence of key model-parameters on the optimal results.

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Author Biography

Bibhas C. Giri, Department of Mathematics, Jadavpur University, Kolkata,700032, India

B.C. Giri is an Associate Professor in the Department of Mathematics, Jadavpur University, Kolkata, India. He did his M.S. in Mathematics and Ph. D. in Operations Research both from Jadavpur University, Kolkata, India. His research interests include inventory/supply chain management, production planning and scheduling, reliability and maintenance, and his research papers have appeared in Naval Research Logistics, International Journal of Production Research, OMEGA, Journal of the Operational Research Society, European Journal of Operational Research, International Journal of Production Economics and other journals. He was a JSPS Research Fellow at Hiroshima University, Japan during the period 2002-2004, Humboldt Research Fellow at Mannheim University, Germany during the period 2007-2008 and a Fulbright Senior Research Fellow at Louisiana State University, USA in the year 2012.

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Published
2021-10-22
How to Cite
Samanta, B., Giri, A., Giri, B. C., & Chaudhuri, K. (2021). A VENDOR-BUYER SUPPLY CHAIN MODEL WITH IMPERFECT PRODUCTION UNDER TIME, PRICE AND PRODUCT RELIABILITY DEPENDENT DEMAND. International Journal of Engineering Technologies and Management Research, 8(10), 33-57. Retrieved from https://www.granthaalayahpublication.org/ijetmr-ojms/index.php/ijetmr/article/view/IJETMR21_A10_2666