We developed a maximum profit inventory model with generalized deterioration rate where the selling is dependent on level that an extension of two published papers. A complete solution structure provided to decide optimal reasonable conditions supported by numerical examples, and then we prove independent demand pattern. Numerical examples are illustrate our findings. In previously paper, three...

This study aims to develop a new one-vendor multiple-buyers integrated inventory model. We believe that our proposed model can forecast the demand of all buyers in coming future by using data have already existed and minimize total cost-for both vendors. In recent days, Markov chain approach has played one critical methods forecasting Supply Chain Management (SCM) field. The this is analysis sp...

The modern business environment is highly unpredictable. An anticipation approach in a real case study is presented to cope with such instability and minimize the total inventory cost without stock-outs occurring and inventory capacity being exceeded. The anticipation concept is performed using simulation models supported by inventory control algorithms on a selected sample of representative it...

Purpose – This paper seeks to construct a model for inventory management for multiple periods. The model considers not only the usual parameters, but also price quantity discount, storage and batch size constraints. Design/methodology/approach – Mixed 0-1 integer programming is applied to solve the multi-period inventory problem and to determine an appropriate inventory level for each period. T...