99 Abstract— In this proposed research, we developed a deterministic inventory model for price dependent demand with time varying holding cost and trade credit under deteriorating environment, supplier offers a credit limit to the customer during whom there is no interest charged, but upon the expiry of the prescribed time limit, the supplier will charge some interest. However, the customer has...

This paper proposes an integrated methodology and its solution for supplier selection problem. A twostage stochastic programming model and fuzzy TOPSIS methods are consolidated in this methodology. After pre-research phase, in the second part of the methodology, fuzzy TOPSIS is used for ranking potential suppliers considering qualitative data under fuzzy environment. In the third part of the me...

Supplier selection is an important problem in supply chain management (SCM), and has attracted the attention of many researchers. Tremendous effort has been spent on the development of agent-based systems to automate supplier selection negotiation process in SCM applications. In this kind of multiagent system (MAS), software agents are established to represent various parties and functions invo...

The advantage of multiple sourcing to protect against supplier failures arising from undependable products due to latent defects is examined using a model with non-linear external failure costs. Prior research has focused only on supplier failures arising from unreliable supply, such as late/insufficient/no delivery. I derive a closed-form characterization of the optimal production quota alloca...

Airline seat inventory control is a very profitable tool in the airline industry. Mathematical programming models provide booking limits or bid-prices for all itineraries and fare classes based on demand forecasts. But the actual revenue generated in the booking process fails to meet expectations. Simple deterministic models based on expected demand generate better revenue than more advanced pr...

Recently, scholars and practitioners have shown an increased interest in the field of sustainable supplier selection and order lot-sizing. While several studies have recently carried out on this field, far too little attention has been given to formulating a multi-objective model for the integrated problem of multi-period multi-product order lot-sizing and sustainable supplier selection under i...

Customers with positive demand lead times place orders in advance of their needs. A portfolio of customers with different demand lead times gives rise to what we call advance demand information. We develop effective inventory policies for a distribution system to account for this information. In particular, we study a centralized system with one warehouse serving multiple retailers under advanc...