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This paper considers the problem of a vendor-buyer integrated production-inventory model. The vendor manufactures the item at a finite rate and delivers the final goods at a lot-for-lot shipment policy to the buyer. We relax the assumption of uniform demand in the hitherto existing joint economic lot sizing models and analyze the problem where the end customer demand is price-sensitive. The relation between demand and price is considered to be linear. The model proposed, based on the integrated expected total relevant profits of both buyer and vendor, finds out the optimal values of order quantity and mark-up percentage, using an analytical approach. Some numerical examples are also used to... 

In this paper we consider a multiple products inventory location problem with disruption. Disruptions may occur in any supply chain due to several reasons such as earthquakes, floods, fires, labor strikes, terrorist attacks, equipment breakdowns and economic crises. We develop a model by assuming that facilities may fail partially in case of disruption and considering substitutable products as a strategy to mitigate the risk of disruption. The developed model is a non-linear integer programming model and NP-Hard. To solve the model, a hybrid algorithm including Tabu Search (TS) and Variable Neighborhood Search (VNS) is proposed. Numerical results show reasonable performance of the algorithm... 

In this paper, we develop an inventory model with price dependant demand rate, under time value of money and inflation, finite time horizon, exponential backlogging rate and exponential deterioration rate with the objective of maximizing the present worth of the total system profit. Using a dynamic programming based solution algorithm, we are able to find the optimal sequence of the cycles and also to obtain different optimal selling prices and optimal order quantities for the cycles with unequal lengths, which have never been done before for our model. We also use a proper numerical example to show accuracy of the solution procedure. © 2008 IEEE  

The growing environmental concerns, governmental regulations, and significant cost savings are the primary motivations for companies to consider the reuse and recovery of products in their inventory system. The previous research ignored several realistic features of reusable items inventory systems, such as the presence of multiple products and operational constraints. For the first time, this paper presents a new multiproduct economic order quantity inventory model for an inventory system of reusable products. The goal of the model is to determine the optimal replenishment quantity and reuse quantity of each item so that the system's total cost is minimized. Several operational constraints...