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With the prevalence of network technologies, the world is shrinking and it is observed that the decision policies of the players of the supply chain go hand in hand. Thus the optimal replenishment decisions of retailers cannot be taken in isolation and need to be integrated with that of the supplier. This research work establishes a supplier-retailer supply chain in which demand for the products is...
This study proposes a single manufacturer, single retailer integrated inventory model that includes deterioration and shortages in the retailer’s inventory. The manufacturer’s production process is assumed to be imperfect as it produces a certain percentage of defective items. The retailer performs a 100 % screening process immediately on receiving a lot from the manufacturer and returns the detected...
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