Preservation Technology Investment for an Inventory System With Variable Deterioration Rate Under Expiration Dates And Price Sensitive Demand
Yugoslav journal of operations research, Tome 30 (2020) no. 3, p. 287 .

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The proposed study addresses a supplier-retailer inventory problem by considering the detrimental impacts of deterioration. The inventory produced by the supplier undergo a machine-shift and hence, produces non-conforming items. The retailer uses the preservation technology to deal with deteriorating items ingeniously where the demand is price-sensitive at the buyer’s end. Two models are developed through different means viz. Integrated and Bi-level approach and compared so to impart some constructive organizational insights. Sensitivity analysis was done over a numerical example to validate strength of the developed models.
Classification : 90B05
Keywords: Variable Deterioration, Machine-shift, Price-sensitive Demand, Expiration Date, Bi-level Approach, Preservation Technology
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Priyamvada ; Prerna Gautam; Aditi Khanna; Chandra K. Jaggi. Preservation Technology Investment for an Inventory System With Variable Deterioration Rate Under Expiration Dates And Price Sensitive Demand. Yugoslav journal of operations research, Tome 30 (2020) no. 3, p. 287 . http://geodesic.mathdoc.fr/item/YJOR_2020_30_3_a2/