Int. J. Operational Research, Vol. 16, No. 1, 2013 1
A vendor–buyer integrated production-inventory
model with quantity discount and unequal sized
shipments
B.C. Giri* and B. Roy
Department of Mathematics,
Jadavpur University,
Kolkata 700 032, West Bengal, India
E-mail: bibhas_pnu@yahoo.com
E-mail: roy.balaji86@gmail.com
*Corresponding author
Abstract: This paper considers a single-vendor single-buyer integrated
production-inventory model for a single product. The vendor offers a quantity
discount to motivate the buyer to buy more quantities and he delivers the buyer’s
order quantity in a number of unequal sized shipments. The proposed model is
formulated and the optimal decisions are obtained by minimising the average
total cost of the integrated system. A numerical example is taken to illustrate the
developed model.
Keywords: inventory; vendor–buyer; quantity discount; unequal shipments.
Reference to this paper should be made as follows: Giri, B.C. and Roy, B. (2013)
‘A vendor-buyer integrated production-inventory model with quantity discount
and unequal sized shipments’, Int. J. Operational Research, Vol. 16, No. 1,
pp.1–13.
Biographical notes: B.C. Giri is an Associate Professor in the Department of
Mathematics, Jadavpur University, Kolkata, India. He did his MS in Mathematics
and PhD in Operations Research both from Jadavpur University, Kolkata,
India. His research interests include supply chain management, inventory
theory, production planning and scheduling, reliability and maintenance. He
has published papers in Naval Research Logistics, Int. J. Production Research,
OMEGA, Journal of the Operational Research Society, European Journal of
Operational Research, Int. J. Production Economics, etc. He was a JSPS
Research Fellow at Hiroshima University, Japan during the period 2002–2004
and Humboldt Research Fellow at Mannheim University, Germany during the
period 2007–2008.
B. Roy is a Junior Research Fellow in the Department of Mathematics, Jadavpur
University, Kolkata, India. He did his BS and MS in Mathematics from Jadavpur
University. His area of interest is inventory/supply chain management.
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