A SUPPLY CHAIN INVENTORY MODEL WITH SOME REALISTIC SITUATIONS
Keywords:
Inventory, Carbon Emission, Preservation Technology, Trade Credit, Inflation Rate, Learning EffectAbstract
In the modern era, business is growing with multiple new policies and advanced technologies. The effect of all policies and technologies to the inventory decide its uses in future for economical purpose and about their success and failure. In this paper we present a supply chain inventory model under various realistic situations like inflation, trade-credit, preservation, and carbon emission tax policy. After modelling and analyzing the various parameters of related model we found that, the supply chain inventory cost has been minimized with respect to cycle length. For this analysis, MATHEMATICA software is used. The validity of the model has been justified with some numerical illustrations. To know about the behavior of inventory parameters associated with this model, sensitivity analysis is discussed.
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Copyright (c) 2022 Jai Deep Pandey, Geetanjali Sharma (Author)
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