1Information Technology, XLRI, Jamshedpur, Jharkhand, India
2Department of Computer Applications, NIT, Jamshedpur, Jharkhand, India
3Department of Mathematics, NIT, Jamshedpur, Jharkhand, India
*Corresponding author: Debashish Kumar can be contacted at: dkumar@xlri.ac.in
Online published on 7 June, 2019.
This paper develops a more general production-inventory model for a one-buyer-multi-vendor integrated system. We consider the problems where a manufacturer faces problem from the supply side when sourcing a product from heterogeneous suppliers. The model is extended to the situation with shortage permitted, based on shortage being allowed to occur only for the buyer. A numerical example and sensitivity analysis is presented to illustrate the procedure.
Inventory, Inventory system, integrated inventory, shortages
