An Integrated Vendor Buyer Inventory Model With Imperfect Quality Items Considering The Screening Errors, And Budget Capacity Constraint

Document Type : Primary Research paper

Author

Holy Cross College (Autonomous), Trichy-620002

Abstract

This research paper is based on the production inventory model with the imperfect quality items; the investment cost is used to reduce the lead time variance. Under this integrated inventory model the buyer preceding the screen process for the products that is received from the vendor. But during the screening process unfortunately buyer makes the corrections of accepting the imperfect quality items and rejects the quality items with this assumption we develops the proposed model. This paper used a Budget Capacity constraint is caused by the limited purchasing cost. Using the Karush Khun Tucker approach we find an optimum solution for the proposed model. The main objective of the proposed work is to minimize the total cost of the supply Chain.

Keywords