Multi-Echelon Supply Chain Management for Deteriorating items with Partial Backordering under Inflationary Environment

Abstract

Abstract As the industrial environment becomes more competitive, supply chain management has become essential part of the industries. In this paper, a multi-echelon inventory model for deteriorating items with partial backlogging has been developed under inflationary environment. The optimal number of deliveries is derived with the minimal joint total cost from the integrated point of view. A numerical example is given to illustrate the model. This paper shows that the integrated approach strategy results in the lowest joint total cost as compared with the independent decision approaches.