Effects of human errors and trade-credit financing in two-echelon supply chain models
- Authors
- Shin, Dongmin; Mittal, Mandeep; Sarkar, Biswajit
- Issue Date
- 2018
- Publisher
- INDERSCIENCE ENTERPRISES LTD
- Keywords
- supply chain management; imperfect items; human errors; trade-credit financing
- Citation
- EUROPEAN JOURNAL OF INDUSTRIAL ENGINEERING, v.12, no.4, pp.465 - 503
- Indexed
- SCIE
SCOPUS
- Journal Title
- EUROPEAN JOURNAL OF INDUSTRIAL ENGINEERING
- Volume
- 12
- Number
- 4
- Start Page
- 465
- End Page
- 503
- URI
- https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/8039
- DOI
- 10.1504/EJIE.2018.093574
- ISSN
- 1751-5254
- Abstract
- This paper develops two centralised two-echelon supply chain models with the trade-credit financing and inspection errors. Both models follow a single-setup-multi-delivery (SSMD) policy and each delivery is designed using the just-in-time (JIT) method to increase the efficiency of the supply chain. In first model, the random defective rate is assumed and each delivered item goes through inspection process at the buyer's end due to the contract with vendor, because vendor gives a trade-credit support to buyer. In second model, human errors of Type I and Type II are considered due to tiredness and ignorance of the inspector during inspection process. The joint annual cost of supply chain is minimised with respect to order quantity and number of shipments. Finally, some numerical examples, sensitivity analysis, and graphical representations are given to illustrate more savings from existing literature.
- Files in This Item
-
Go to Link
- Appears in
Collections - COLLEGE OF ENGINEERING SCIENCES > DEPARTMENT OF INDUSTRIAL & MANAGEMENT ENGINEERING > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.