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An optimal policy for single-vendor single-buyer integrated production-inventory system with capacity constraint of transport equipment (2000)
| Venue: | International Journal of Production Economics |
| Citations: | 7 - 0 self |
BibTeX
@ARTICLE{Hoque00anoptimal,
author = {M A Hoque and S K Goyal},
title = {An optimal policy for single-vendor single-buyer integrated production-inventory system with capacity constraint of transport equipment},
journal = {International Journal of Production Economics},
year = {2000},
pages = {305--315}
}
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Abstract
Abstract This paper deals with the development of an optimal policy for the single-vendor single-buyer integrated production}inventory system. The successive batches of a lot are transferred to the buyer in a "nite number of unequal and equal sizes. The successive unequal batch sizes increase by a "xed factor. The capacity of the transport equipment used to transfer batches from the vendor to the buyer is limited. The objective is to minimize the total joint annual costs incurred by the vendor and the buyer.
