An Inventory Model for Deteriorating Items with Constant Demand Under Two-Level Trade-Credit Policies

Shah, Nita H.; Rabari, Kavita; Patel, Ekta

doi:10.1007/978-981-16-1729-4_7

Cited by 3 publications

(3 citation statements)

References 21 publications

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“…Field (2009) suggested taking into account loadings greater than 0.6 to facilitate comprehension. As a result, the results in Table 4 met the factor loadings minimal cut off level (Shah et al, 2021). Reliability refers to the ability of data to be replicated and produce similar results on repeated trials.…”

Section: Findings and Discussionmentioning

confidence: 73%

“…CMIN/DF = 4.619; GFI = 0.899; AGFI = 0.871; NFI = 0.939; TLI = 0.944; CFI = 0.952; and RMSEA = 0.071 were the proper model fit indices reported by the measurement model. Shah et al (2021) suggests that a good model should have a χ2/DF between 0 and 5, with smaller values indicating better fit. GFI, AGFI, NFI, TLI, and CFI values should be closer to 1, and RMSEA should be between 0.05 and 0.10.…”

Section: Findings and Discussionmentioning

confidence: 99%

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Influence of Warehouse Management Practices on Service Delivery in Zimbabwean Local Authorities

Chibaro,

Mataba,

Mupfiga

2024

LOMR

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The study assessed the influence of warehouse management practices on service delivery in Zimbabwean urban local authorities. The study was underpinned by three theories, namely the theory of inventory and production, the application control theory and adaptive structuration theory of warehouse management practice problems. The study was informed by post positivism philosophy. The study employed cross-sectional descriptive survey and data was gathered from respondents using structured questionnaires. Cronbach's alpha was used to assess data reliability. Five hypotheses that passed the validity and normalcy tests were examined using structural equation modelling. For data analysis, SPSS version 21 and AMOS version 21 were utilized. The statistical analysis and results demonstrated a correlation between the independent variables (enterprise resource planning, order processing, inventory lead time and materials handling on service delivery). The analysis showed that development and implementation of service delivery in the local authorities has been marred with challenges of declined warehouse management practices. The findings showed that urban local authorities’ service delivery has been struggling to perform as anticipated due to problems of fluctuating inventories, inaccurate forecast, poor responsiveness to customer’s needs and lack of proper technological systems resulting to poor services delivered to tax payers. The study concluded that warehouse management practices have a strong influence on service delivery for urban local authorities. The study recommended study the adoption of some strategic stance towards warehouse management practices. It was also reckoned that urban local authorities need to deliberately adopt electronic warehouse management practices to enhance service delivery.

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Section: Findings and Discussionmentioning

confidence: 73%

Section: Findings and Discussionmentioning

confidence: 99%

Influence of Warehouse Management Practices on Service Delivery in Zimbabwean Local Authorities

Chibaro,

Mataba,

Mupfiga

2024

LOMR

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“…From the known details, in the literature, the model for imperfect quality deteriorating items with two levels of inspection and learning with partial credit payment (10) classified the new customer as good and bad debt is rarely investigated (11) . The ideology and motivation of this paper (12,13) is to find out the maximum profit for the retailer and to reduce the imperfect quality items (14) , and through the learning in inspection (15) , reduce the misclassification of products is obtained (16) . In some models, the researchers analysed the results for the non-instantaneous deterioating items with inspection policy and other offers has been considered (17,18) .…”

Section: Introductionmentioning

confidence: 99%

Impact of Learning on Ordering Policy for Deteriorating Imperfect Quality Items with Promotion Dependent Demand, Partial Trade-Credit and Shortages

Priyadharshini,

Jayasankari,

Uthayakumar

2024

IJST

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Objective: The objective of the developed inventory model is to find the optimal solution for the retailer, while performing inspection for the defectives, and also to offer partial credit periods, where shortages are allowed. Methods: To derive the required solution which benefits the retailer, the partial derivatives method for the decision variables where used and to solve the complicated differential equations the necessary and sufficient conditions has been derived and the theorem and its proofs are given. Findings: In this research findings, the optimal credit period policy and promotional effort dependent demand pattern that offers more profit to the retailer, provided with inspection policy for finding defective items in the lot. Shortages are allowed and completely backordered. Numerical examples and sensitivity analysis are performed to verify the reliability of the developed model. Novelty: This study presents a new model wherein the retailer offers credit period and with shortages that will apt the real life situation as the model developed here is for deteriorating items, which is inevitable to maintain the perfect system. Keywords: MultiEchelon Inventory Model, Sustainability, Shortages, Credit Period Offers, Learning In Inspection

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An inventory model for imperfect quality items considering learning effects and partial trade credit policy

2022

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An Inventory Model for Deteriorating Items with Constant Demand Under Two-Level Trade-Credit Policies

Cited by 3 publications

References 21 publications

Influence of Warehouse Management Practices on Service Delivery in Zimbabwean Local Authorities

Influence of Warehouse Management Practices on Service Delivery in Zimbabwean Local Authorities

Impact of Learning on Ordering Policy for Deteriorating Imperfect Quality Items with Promotion Dependent Demand, Partial Trade-Credit and Shortages

An inventory model for imperfect quality items considering learning effects and partial trade credit policy

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