000			01595naa a2200205 4500
008			161010b xxu||||| |||| 00| 0 eng d
100			_aGeetha, K.V.
245			_aEvaluation of supply chain with quality improvement under trade credit and freight rate discount
260			_a _b _c
300			_a51 (3) Jul - Sept 2014, 463-478p.
520			_aIn this article, we formulate a supply chain model with single vendor and single buyer considering quality improvement. We assume that the buyer purchases under trade credit linked to the order quantity offered by the supplier. In addition, the buyer pays the freight charge according to a weight schedule. Further, demand is assumed to be sensitive to the buyer’s selling price. Also the production cost of the supplier is assumed to be a convex function of the production rate. This paper attempts to offer a best policy that provides possible solutions for both the buyer and the vendor to collaboratively agree on inventory control. An algorithm is furnished to determine the optimal solution. In addition, a numerical example is presented to illustrate the theoretical approach and results. Sensitivity analysis with respect to the major parameters of the system is carried out. From the analysis we offer some managerial insights to achieve significant decrease in total cost.
650			_aSupply chain
650			_aInventory
650			_aTrade credit
650			_aFinance
650			_aQuality improvement
700			_aUthayakumar, R.
773	0		_090610 _d _oB- 2511 _tBV- Opsearch (Jan - Sept 2014)
942			_2ddc _c8
999			_c90637 _d90637