The International Journal of Managing Value and Supply Chains ( IJMVSC ) is a quarterly open access peer-reviewed journal that publishes articles that contribute new results in all areas of value and supply chain management. The journal provides a platform to disseminate new ideas and new research, advance theories, and propagate best practices in the management of value and supply chain management, looking across both product and service-based businesses. This will include works based in service management, logistics and distribution, operations management, process management, flow control, and customer service. The journal offers a forum in which academics, consultants, and practitioners in a variety of fields can exchange ideas to further research and improve practices in all areas of business. The International Journal of Managing Value and Supply Chains ( IJMVSC ) seek to establish new collaborations, new best practices, and new theories in the management of both product and service-based organizations around the world.
2. Citation Count-6
INVENTORY MODELS INVOLVING LEAD TIME
CRASHING COST AS AN EXPONENTIAL
FUNCTION
M. Vijayashree1
*, R. Uthayakumar2
1
* Full Time Research Scholar, Department of Mathematics, The Gandhigram
Rural Institute – Deemed University, Gandhigram- 624 302, Tamilnadu, India. 2
Professor & Head, Department of Mathematics, The Gandhigram Rural Institute –
Deemed University, Gandhigram- 624302, Tamilnadu, India.
ABSTRACT
Inventory management and control is concerned with the acquisition and storage of
materials required for supporting various business operations. Lead time reduction is
another important production activity in an integrated inventory control. Lead time plays
a vital role and has been a topic of interest for many authors in inventory organization.
Lead time is a necessary aspect in any supply chain management and inventory
management system. The time gap between placing of an order and its actual arrival in
the inventory is known as lead time. In most of the literature dealing with inventory
problems, either in deterministic or probabilistic model, lead time is viewed as a
prescribed constant or a stochastic variable, which therefore, is not subject to control.
But, in numerous sensible circumstances, lead time can he reduced by an additional
crashing cost; in other words, it is controllable, so in this article, we have considered the
lead time crashing cost is an exponential function of lead time. A solution procedure is
developed to find the optimal solution. In this article, both lead time and the order
quantity are considered as the decision variables. The behaviour of the model is presented
graphically. The result is illustrated with the help of a numerical example. Finally,
Graphical representation is presented to illustrate the model. The solution procedure with
the help of the software Matlab 2008 is furnished to determine the optimal solution.
KEYWORDS
Integrated inventory model, Supply chain management, lead time crashing cost
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5. Citation Count-5
VALUE CHAIN MANAGEMENT IN MARINE
FISHERIES: A CASE STUDY OF ANDHRA
PRADESH
V V Devi Prasad Kotni
Department of Management Studies Gayatri Vidya Parishad College for Degree
and PG Courses (A), Visakhapatnam, India
ABSTRACT
The value chain management assists the stakeholders to perform value added operations,
add value to the product and have better returns from the market. This paper attempts at
value chain management practices adopted by the players of the marine fisheries chain in
Andhra Pradesh and how much value they are adding to the final fish product. The study
has been structured to capture the essence of the processes and flow of the value chain in
Marine fisheries. The study is designed in such a way that it addresses various research
questions like the basic value chain structure, value added operations in fisheries value
chain, cost of each operation along with price increase and finally the final price of the
product. In this paper, in order to suggest the suitable value chain, a thorough market
research was conducted to study the Value Chain Management practices employed by
Fishermen, Middlemen, Retailers, Head loaders and Cycle carrier with respect to fresh
fish in the coastal area of the State of Andhra Pradesh, India.
For More Details : http://aircconline.com/ijmvsc/V7N2/7216ijmvsc02.pdf
Volume Link : http://airccse.org/journal/mvsc/vol7.html
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