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Consignment Inventory Model with Variable

Published in Procedia Engineering • Jan 1, 2017
NobleIDNI5P09W83R17S19
Authors:
Ch. Srinivas

Abstract

This paper describes an optimal methodology for consignment inventory based supply chain with variable controllable lead times comprising a two-level supply chain involving one vendor and multi buyers. It evaluates joint total expected cost of vendor and buyer, simultaneously optimize quantitative d...

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