Please use this identifier to cite or link to this item: https://utcc-dspacecris.eval.plus/handle/6626976254/517
Title: Effects of Transportation Cost and Lead-time on Selecting Multiple Suppliers
Authors: Kripunyapong, Rotchanart 
Issue Date: 2010
Publisher: University of the Thai Chamber of Commerce
University of the Thai Chamber of Commerce
Source: Rotchanart Kripunyapong (2010) Effects of Transportation Cost and Lead-time on Selecting Multiple Suppliers. UTCC Engineering Research Papers.
Abstract: Supplier selection aims at determining two common decisions, namely, which suppliers should be selected and how much of any particular order should be split among them. To do so involves many criteria, factors and conditions. One significant factor is transportation cost and its relationship to other parameters, and in particular, inventory cost and lead-time. A model that includes transportation cost is presented. The objective function is to minimize total cost, comprising purchasing, inventory and transportation. Computational results show that transportation cost has a significant impact on the decisions. To determine the optimal order quantity, it has to be traded off with inventory cost, because they conflict. In addition, lead-time can allow inventory cost reduction if the selected suppliers have different lead-times. Application of the proposed model can offer transportation and total cost saving in supplier selection.
URI: https://scholar.utcc.ac.th/handle/6626976254/517
ISSN: 1906-1625
Rights: This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Appears in Collections:EN: Journal Articles

Files in This Item:
File Description SizeFormat 
1558fulltext.pdf294.33 kBAdobe PDFThumbnail
View/Open
Show full item record Recommend this item

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.