| dc.description.abstract | Inventory control and supply chain processes are essential components in efficiently
managing the flow of goods and materials within a business. Effective inventory man-
agement aims to strike a balance, avoiding overstock and stock shortages while ensur-
ing sufficient inventory to support smooth organizational operations. In supply chain
processes, coordination between suppliers, manufacturers, and distributors is vital in
meeting customer demand while maintaining operational efficiency. This research fo-
cuses on various inventory control and supply chain management models, addressing
critical aspects like deterioration, demand fluctuations, and financing strategies. The
study explores by proposing a model for inventory control for items with a general de-
terioration rate, emphasizing the optimization of costs over time. To provide insights
into balancing profitability and credit terms, the research develops an EOQ (Economic
Order Quantity) model for deteriorating items, factoring in two-level trade credit fi-
nancing with expiration dates. The study investigates inventory decisions for items
experiencing both deterioration and amelioration, incorporating partial backlogging
and time-varying demand. The research examines an integrated supply chain model
with manufacturer and retailer where product demand is influenced by factors like
price, freshness, and advertisement strategies, allowing for more adaptive approaches
in highly competitive markets. Finally, the study concludes with a summary of find-
ings and outlines future research directions, particularly in extending these models to
address emerging challenges in global supply chains. This research also includes numer-
ical examples and sensitivity analysis to validate and illustrate the proposed models.
Through these analyses, we aim to demonstrate the practical applicability and effec-
tiveness of the models in addressing real-world inventory and supply chain challenges. | en_US |
