Research Article

Imperfect Reworking Process Consideration in Integrated Inventory Model under Permissible Delay in Payments

Table 3

Optimal solutions for various values of λ (m = 30).

λ 𝑛 p0 𝑝 𝐿 (day) 𝐷 ( 𝑝 ) 𝑄 𝑛 𝑄 Profit ($/yr)
VendorBuyerJoint

1.01612.8477p2 = 8.4577L2 = 60.94044065.5713678.787641406.04216986.033015571.660222557.6932
1.10202.8641p2 = 8.5068L2 = 61.93664030.4234683.919613678.39156794.958415632.921622427.8800
1.50102.7421p2 = 8.5683L2 = 64.93923987.1080709.36887093.68816558.902015708.301122267.2031
2.0082.6533p2 = 8.5947L2 = 66.82793968.7516726.63975813.11796459.024515739.696722198.7212
3.0072.6202p2 = 8.6158L2 = 67.75103954.1814733.97195137.80346380.221815764.246422144.4682