TITLE:
Quantification of Node Wise Commodity in Supply Chain and Its Cost Analysis
AUTHORS:
Prem Prakash Mishra, S. S. Mishra, S. K. Yadav, S. K. Yadav, R. S. Singh, Ravendra Kumar
KEYWORDS:
Supply Chain, Traffic Intensity, Node Wise Amount of Flow and Cost Analysis
JOURNAL NAME:
American Journal of Operations Research,
Vol.7 No.1,
January
24,
2017
ABSTRACT: In this paper, we focus on the intermediate nodes of network and quantification of level of commodity and its cost on each node because intermediate nodes have stocking capacities which we generally see in the supply chain network. The commodity is supplied from a node to node in response to the power form of demand at a particular time. Since the traffic intensity of the demand of commodity also affects the flow of the commodity in the network, hence study of flow of commodity in the network is believed to be a significant contribution in this area. Several cases of quantifying the level of commodity in different situations as well as the cost analysis of incoming and outgoing commodity at a particular node have been thoroughly discussed in the paper. The present problem, presumably seeks to contribute to managerial decision making in supply chain network.