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Single-source, single-destination, multi product EOQ model with quantity discount incorporating partial/full truckload policy

Author

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  • Sandhya Bajaj
  • P.C. Jha
  • K.K. Aggarwal

Abstract

Supply chain is the sequence of business processes and activities from suppliers through customers that provide products, services and information to achieve customer satisfaction, i.e., a chain that can quickly respond to customer's requirement. Integration of different entities in the supply chain is an important way to gain competitive advantage and customer satisfaction as it lowers the supply chain cost. In the present study mathematical models are developed to compute optimal order for integrated inventory-transportation problem with two modes of transportation namely, truck load (TL) and less-than-truckload (LTL) carriers by introducing all unit and incremental quantity discount structure into analysis. Finite planning horizon and dynamic demand is assumed to make ordering decisions. A case is provided to testify and validate the procedure.

Suggested Citation

  • Sandhya Bajaj & P.C. Jha & K.K. Aggarwal, 2013. "Single-source, single-destination, multi product EOQ model with quantity discount incorporating partial/full truckload policy," International Journal of Business Performance and Supply Chain Modelling, Inderscience Enterprises Ltd, vol. 5(2), pages 198-220.
    • Handle: RePEc:ids:ijbpsc:v:5:y:2013:i:2:p:198-220
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    Cited by:

    1. Davood Andalib Ardakani & Asieh Soltanmohammadi, 2019. "Investigating and analysing the factors affecting the development of sustainable supply chain model in the industrial sectors," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(1), pages 199-212, January.

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