Impact and Dynamics of Centralization in Transportation Cost of Cement Bag’s Vendor and Retailer
Journal Title: International Journal of Modern Engineering Research (IJMER) - Year 2015, Vol 5, Issue 3
Abstract
The goal of many research efforts cognate to supply chain management is to propose mechanisms to reduce operational costs. Inventory holding and conveyance costs are regarded as the most paramount operational costs in inventory management. Many researches in supply chain management only consider the inventory cost as a criterion to decide replenishment policy. In the replenishment process, in juxtaposition of the inventory cost, the conveyance cost is a major cost factor which affects the shipment size. Thus in this research work the conveyance cost is additionally considered to minimize the inventory cost. Two models are studied: when the retailers make decisions independently i.e. Decentralized decision model and when the retailers are branches of the same firm i.e. Centralized decision model to determine the best solution to minimize costs
Authors and Affiliations
Himanshu Gangwal , Vishal Achwal
Keywords
Related Articles
- EP ID EP127215
- DOI -
- Views 118
- Downloads 0
Stability of System matrix via Gerschgorin circles
In this paper the stability of the system can be analyzed graphically using Gerschgorin circle theorem. Analytically it has been proved that if the left Gerschgorin bound are very much greater than the ri...
Investigating the Effect of Pounding on Seismic Response of Isolated Structures
Some investigations have been conducted on pounding phenomenon in fixed base buildings and results showed that most sever damages are pertaining to adjacent buildings with different (unequal) heights or different s...
Influence of Initial Preform Aspect Ratios on the Densification Mechanism of Sintered Preforms of Iron and AISI 3115 P/M Steel during Hot Upset Forging
Hot upset forging experiments were carried out on sintered Iron and AISI 3115 Powder Metallurgy (P/M) steel preforms at 1120˚±10˚C which were sintered at the same temperature for a period of sixty minutes. Pres...
Influence choice of the injection nodes of energy source on on-line losses of a distribution network
: One of the problems which contribute today to the energy dependence of Benin to more (90%) in 2012 of its own production constitutes the losses, of which on-line losses. Certain more remarkable consequences of th...
Lexical Pattern- Based Approach for Extracting Name Aliases
Searching for information about people in the web is one of the most common activities of many internet users. Around 30% of search engine queries include person names. Retrieving information about people from web...