Two Warehouse Inventory Model with Quadratic Demand and Permissible Delay in Payments

Authors

  • S. Anusuya Baggiyalakshmi Postgraduate& Research Department of Mathematics, Thanthai Periyar Government Arts and Science College (Autonomous)* Tiruchirappalli, India.
  • M. Maragatham Postgraduate& Research Department of Mathematics, Thanthai Periyar Government Arts and Science College (Autonomous)* Tiruchirappalli, India.
  • P. Mariappan Department of Supply Chain Management and International Relations, St. Joseph’s Institute of Management, Tiruchirappallli – 620 002, India

Keywords:

Two-Warehouse model, Quadratic demand, permissible delay.

Abstract

Based on two-warehouse model, Considering an Own Warehouse (OW) with capacity of N units and Rented Warehouse (RW) with capacity of Q units. In this model we have a Quadratic demand and also giving a permissible delay in payments which will helps the retailers to reduce the Total Cost (TC), which is our ultimate aim of this paper. A numerical example is illustrated to verify this model.

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Published

2024-09-26

How to Cite

S. Anusuya Baggiyalakshmi, M. Maragatham, & P. Mariappan. (2024). Two Warehouse Inventory Model with Quadratic Demand and Permissible Delay in Payments. Journal of Computational Analysis and Applications (JoCAAA), 33(07), 572–580. Retrieved from http://eudoxuspress.com/index.php/pub/article/view/1112

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