Multi-item integrated supply chain model for deteriorating items with stock dependent demand under fuzzy random and bifuzzy environments. (October 2015)

• Record Type: Journal Article
• Authors: Chakraborty, Dipankar; Jana, Dipak Kumar; Roy, Tapan Kumar
• Is Part Of: Computers & industrial engineering. Volume 88(2015)
• Page Start: 166
• Page End: 180
• Publication Date: 2015-10
• Subjects: Multi-item supply chain -- Credit period -- Deterioration -- Genetic algorithm -- Fuzzy random -- Bifuzzy; Engineering -- Data processing -- Periodicals; Industrial engineering -- Periodicals; 620.00285
• DOI: 10.1016/j.cie.2015.06.022
• Languages: English
• ISSNs: 0360-8352

Abstract

Highlights: Multi-item integrated supply chain models with deterioration has been developed. Supply chain models with budget and space constraints has been formulated. The objective and constraints under imprecise environments has been introduced. An example, with some sensitivity analysis has been provided to validate the model. Chance constraint techniques and CMGA have been used to solve the models. Abstract: In this paper, we have investigated multi-item integrated production-inventory models of supplier and retailer with a constant rate of deterioration under stock dependent demand. Here we have considered supplier's production cost as nonlinear function depending on production rate, retailers procurement cost exponentially depends on the credit period and suppliers transportation cost as a non-linear function of the amount of quantity purchased by the retailer. The models are optimized to get the value of the credit periods and total time of the supply chain cycle under the space and budget constraints. The models are also formulated under fuzzy random and bifuzzy environments. The ordering cost, procurement cost, selling price of retailer's and holding costs, production cost, transportation cost, setup cost of the supplier's and the total storage area and budget are taken in imprecise environments. To show the validity of the proposed models, few sensitivity analyses are also presented under the different rate of deterioration. The models are also discussed in non deteriorating items as a special case of the deteriorating items. The deterministic optimization models are formulated for minimizing the entire monetary value of the supply chain and solved using genetic algorithm (GA). A case study has been performed to illustrate those models numerically.