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This paper addresses a multi-period fixed charge transportation problem (MPFCTP), which includes transportation, inventories, and backlog. The objective is to determine the size of the shipments in each period, inventory at the end of each period, and backlog at the end of each period, so that,...
Product cost is one of the key parameters in sustaining the competitiveness of the organisations. Though several cost elements are contributing towards total cost of the product, transportation costs are becoming dominant due to increasing outsourcing activities. There may be considerable scope...
Web usage mining is the task of applying data mining technique to discover usage patterns from web log file in order to understand and better serve the users navigating the web. Extracting users behaviour pattern is an important and challenging research topic of web usage mining. Analysing such...
The exponential generalised autoregressive conditional heteroscedasticity (EGARCH) model followed by standard GARCH (1, 1) model were employed to investigate the impact of introduction of futures and options trading on the volatility of the underlying spot market in India. The empirical analysis...
The outsourcing of logistics activities has become a common practice by many companies, and over the last two decades, the third party logistics (3PL) service providers have become important players in many supply chains and industries because they take part in the cost reduction, the...
In this research paper, an integrated inventory policy for single vendor and multiple buyers is developed. The demand of a product is assumed to be quadratic. A numerical example is shown to validate the results of the proposed development. It is established numerically that the integrated...
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