Paper Title :An Integrated Inventory Model with Shortages and Screening Process under Conditions of Permissible Delay in Payments

Author :Antonitte Vinoline.I, Nivetha Martin, Ritha.W.

Article Citation :Antonitte Vinoline.I ,Nivetha Martin ,Ritha.W. , (2019 ) " An Integrated Inventory Model with Shortages and Screening Process under Conditions of Permissible Delay in Payments " , International Journal of Management and Applied Science (IJMAS) , pp. 152-157, Volume-5,Issue-9

Abstract : This paper deals with coordination and non – coordination scheme for deterministic inventory model for both buyer and vendor. During coordination scheme,vendor gives the quantity discount to buyer. Shortages and credit period is permitted in both the schemes. Our ultimate aim to determine the optimal order quantity to minimize the total cost. Finally, numerical examples are illustrated to propose the developed model. Keywords - Inventory Model, Shortages, Screening Process, Permissible delay in Payments

Type : Research paper

Published : Volume-5,Issue-9

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