Optimal inventory policy in a closed loop supply chain system with multiple periods

Purpose: This paper aims to model and optimize the closed loop supply chain for maximizing the profit by considering the fixed order quantity inventory policy in various sites at multiple periods. Design/methodology/approach: In forward supply chain, a standard inventory policy can be followed when...

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Bibliographic Details
Main Authors: SasiKumar A., Natarajan K, Ramasubramaniam MuthuRathna Sapabathy, Deepaknallasamy K.K
Format: Article
Language:English
Published: OmniaScience 2017-05-01
Series:Journal of Industrial Engineering and Management
Subjects:
Online Access:http://www.jiem.org/index.php/jiem/article/view/2205