{"id":"https://openalex.org/W2963638346","doi":"https://doi.org/10.1080/23307706.2019.1644976","title":"Inflation and time value of money in a vendor\u2013buyer inventory system with transportation cost and ordering cost reduction","display_name":"Inflation and time value of money in a vendor\u2013buyer inventory system with transportation cost and ordering cost reduction","publication_year":2019,"publication_date":"2019-07-25","ids":{"openalex":"https://openalex.org/W2963638346","doi":"https://doi.org/10.1080/23307706.2019.1644976","mag":"2963638346"},"language":"en","primary_location":{"id":"doi:10.1080/23307706.2019.1644976","doi":"https://doi.org/10.1080/23307706.2019.1644976","is_oa":false,"landing_page_url":"https://doi.org/10.1080/23307706.2019.1644976","pdf_url":null,"source":{"id":"https://openalex.org/S2475925340","display_name":"Journal of Control and Decision","issn_l":"2330-7706","issn":["2330-7706","2330-7714"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core","dongbi-d","jufo-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Control and Decision","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5057957480","display_name":"S. Hemapriya","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I880551032","display_name":"Gandhigram Rural Institute","ror":"https://ror.org/01abtgj51","country_code":"IN","type":"education","lineage":["https://openalex.org/I880551032"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"S. Hemapriya","raw_affiliation_strings":["Department of Mathematics, The Gandhigram Rural Institute, Gandhigram, Tamil Nadu, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematics, The Gandhigram Rural Institute, Gandhigram, Tamil Nadu, India","institution_ids":["https://openalex.org/I880551032"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5113556651","display_name":"Ramasamy Uthayakumar","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I880551032","display_name":"Gandhigram Rural Institute","ror":"https://ror.org/01abtgj51","country_code":"IN","type":"education","lineage":["https://openalex.org/I880551032"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"R. Uthayakumar","raw_affiliation_strings":["Department of Mathematics, The Gandhigram Rural Institute, Gandhigram, Tamil Nadu, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematics, The Gandhigram Rural Institute, Gandhigram, Tamil Nadu, India","institution_ids":["https://openalex.org/I880551032"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5057957480"],"corresponding_institution_ids":["https://openalex.org/I880551032"],"apc_list":null,"apc_paid":null,"fwci":0.5109,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.67631631,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"8","issue":"2","first_page":"98","last_page":"105"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10539","display_name":"Sustainable Supply Chain Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12709","display_name":"Optimization and Mathematical Programming","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.800000011920929},{"id":"https://openalex.org/keywords/time-value-of-money","display_name":"time value of money","score":0.9990000128746033},{"id":"https://openalex.org/keywords/single-vendor-single-buyer","display_name":"single-vendor single-buyer","score":0.8679999709129333},{"id":"https://openalex.org/keywords/transportation-costs","display_name":"transportation costs","score":0.7009999752044678},{"id":"https://openalex.org/keywords/ordering-cost-reduction","display_name":"ordering cost reduction","score":0.9549999833106995},{"id":"https://openalex.org/keywords/lead-time-reduction","display_name":"lead time reduction","score":0.9810000061988831},{"id":"https://openalex.org/keywords/continuous-review-inventory-model","display_name":"continuous review inventory model","score":0.878000020980835},{"id":"https://openalex.org/keywords/all-unit-discount","display_name":"all-unit discount","score":0.531000018119812},{"id":"https://openalex.org/keywords/optimal-order-quantity","display_name":"optimal order quantity","score":0.6959999799728394},{"id":"https://openalex.org/keywords/safety-factor","display_name":"safety factor","score":0.878000020980835},{"id":"https://openalex.org/keywords/number-of-shipments","display_name":"number of shipments","score":0.8820000290870667},{"id":"https://openalex.org/keywords/optimal-solution-algorithm","display_name":"optimal solution algorithm","score":0.6159999966621399}],"concepts":[{"id":"https://openalex.org/C2777338717","wikidata":"https://www.wikidata.org/wiki/Q1762621","display_name":"Vendor","level":2,"score":0.7366241216659546},{"id":"https://openalex.org/C2781468064","wikidata":"https://www.wikidata.org/wiki/Q1267117","display_name":"Lead time","level":2,"score":0.7012959122657776},{"id":"https://openalex.org/C147842934","wikidata":"https://www.wikidata.org/wiki/Q187142","display_name":"Time value of money","level":2,"score":0.6437641978263855},{"id":"https://openalex.org/C2778820799","wikidata":"https://www.wikidata.org/wiki/Q3454688","display_name":"Cost reduction","level":2,"score":0.6313011050224304},{"id":"https://openalex.org/C192365026","wikidata":"https://www.wikidata.org/wiki/Q5046829","display_name":"Holding cost","level":2,"score":0.5678914189338684},{"id":"https://openalex.org/C111335779","wikidata":"https://www.wikidata.org/wiki/Q3454686","display_name":"Reduction (mathematics)","level":2,"score":0.558008074760437},{"id":"https://openalex.org/C43294280","wikidata":"https://www.wikidata.org/wiki/Q5046829","display_name":"Carrying cost","level":3,"score":0.5393564105033875},{"id":"https://openalex.org/C182299520","wikidata":"https://www.wikidata.org/wiki/Q1289588","display_name":"Total cost","level":2,"score":0.5258893370628357},{"id":"https://openalex.org/C1199943","wikidata":"https://www.wikidata.org/wiki/Q451299","display_name":"Economic order quantity","level":3,"score":0.5205439329147339},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.5161508321762085},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5107827186584473},{"id":"https://openalex.org/C14036430","wikidata":"https://www.wikidata.org/wiki/Q3736076","display_name":"Function (biology)","level":2,"score":0.4828541874885559},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.46893075108528137},{"id":"https://openalex.org/C2987549487","wikidata":"https://www.wikidata.org/wiki/Q6059951","display_name":"Inventory cost","level":3,"score":0.4616173207759857},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.43835946917533875},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.42967846989631653},{"id":"https://openalex.org/C126221108","wikidata":"https://www.wikidata.org/wiki/Q7310977","display_name":"Relevant cost","level":3,"score":0.41518133878707886},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3272058367729187},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.3192627429962158},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.1782844364643097},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.16376295685768127},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.1401662528514862},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1383776068687439},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.0908287763595581},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/23307706.2019.1644976","doi":"https://doi.org/10.1080/23307706.2019.1644976","is_oa":false,"landing_page_url":"https://doi.org/10.1080/23307706.2019.1644976","pdf_url":null,"source":{"id":"https://openalex.org/S2475925340","display_name":"Journal of Control and Decision","issn_l":"2330-7706","issn":["2330-7706","2330-7714"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core","dongbi-d","jufo-1","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Control and Decision","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G4079417344","display_name":null,"funder_award_id":"DST/INSPIRE Fellowship/2014/IF170071","funder_id":"https://openalex.org/F4320320719","funder_display_name":"Department of Science and Technology, Ministry of Science and Technology, India"}],"funders":[{"id":"https://openalex.org/F4320320719","display_name":"Department of Science and Technology, Ministry of Science and Technology, India","ror":"https://ror.org/0101xrq71"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W257981660","https://openalex.org/W1973393865","https://openalex.org/W1989368158","https://openalex.org/W2041015216","https://openalex.org/W2062981686","https://openalex.org/W2070855098","https://openalex.org/W2071781674","https://openalex.org/W2079261490","https://openalex.org/W2094992235","https://openalex.org/W2095469192","https://openalex.org/W2234237286","https://openalex.org/W2605019372","https://openalex.org/W2832687556","https://openalex.org/W4251423481"],"related_works":["https://openalex.org/W2234237286","https://openalex.org/W2886227479","https://openalex.org/W2594709151","https://openalex.org/W2029482707","https://openalex.org/W2967388401","https://openalex.org/W2953340216","https://openalex.org/W2046788554","https://openalex.org/W40024505","https://openalex.org/W2370288626","https://openalex.org/W2411185623"],"abstract_inverted_index":{"The":[0,20],"article":[1],"presents":[2],"a":[3,6,79],"single-vendor":[4],"and":[5,14,35,69,86,107,128],"single-buyer":[7],"integrated":[8,40,56],"production":[9],"inventory":[10,116],"system":[11,57],"with":[12],"inflation":[13],"the":[15,25,54,62,75,82,105,114,123,135],"time":[16,34,37,68],"value":[17],"of":[18,27,71,81],"money.":[19],"main":[21],"focus":[22],"is":[23,51,88,126],"on":[24,32],"effect":[26],"ordering":[28],"cost":[29,58,77,96,102],"reduction":[30],"dependent":[31],"lead":[33,36,67],"reduction.":[38],"Two":[39],"continuous":[41],"review":[42],"models":[43],"are":[44,131],"developed.":[45],"For":[46],"both":[47],"cases,":[48],"our":[49],"objective":[50],"to":[52,90,133],"minimise":[53],"total":[55],"by":[59],"simultaneously":[60],"optimising":[61],"order":[63],"quantity,":[64],"safety":[65],"factor,":[66],"number":[70],"shipments.":[72],"We":[73],"take":[74],"transportation":[76,101],"as":[78],"function":[80],"shipment":[83],"lot":[84],"size":[85],"it":[87],"taken":[89],"be":[91],"in":[92],"an":[93],"all":[94],"unit-discount":[95],"format.":[97],"Thus":[98],"we":[99],"incorporate":[100],"explicitly":[103],"into":[104],"model":[106],"develop":[108],"optimal":[109,124],"solution":[110,125],"procedure":[111],"for":[112,121],"solving":[113],"proposed":[115],"system.":[117],"An":[118],"efficient":[119],"algorithm":[120],"finding":[122],"developed":[127],"numerical":[129],"examples":[130],"given":[132],"illustrate":[134],"model.":[136]},"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1}],"updated_date":"2026-09-27T08:07:27.782135","created_date":"2019-07-30T00:00:00"}