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The economic order quantity (EOQ) model has evolved greatly over past decades on the strength of incorporating realistic factors. In recent times, interest has been geared towards studying the effect of reverse flow of products into inventory system. In practice, businesses may operate return...
Persistent link: https://www.econbiz.de/10012662796
Recently, market globalization and competition have forced companies to find alternative means to boost sales and revenue. The use of the cash flow is increasingly becoming a viable alternative for managers to improve their company's profitability in a supply chain. In today's business...
Persistent link: https://www.econbiz.de/10013470824
Lead time is one of the major limits that affect planning at every stage of the supply chain system. In this paper, we study a continuous review inventory model. This paper investigates the ordering cost reductions are dependent on lead time. This study addressed two-echelon supply chain problem...
Persistent link: https://www.econbiz.de/10011773126