INVENTORY MANAGEMENT THROUGH EXTENDED STAR-RING SUPPLY CHAIN NETWORK

Abstract

Objectives: The production-distribution inventory problem has two main sectors namely production and distribution. In this paper, the nonlinear
mathematical model of extended star-ring supply chain network is developed.Methods: Planning a distribution network plays a vital role in minimizing the total expenditure of the project; to prove this, a ring network topology is taken to supply goods to the SWs and extended star network topology to supply goods to the selling stores. However, setting up separate SWs for each and every selling store will be highly expensive. Hence, keeping the minimum number of SWs is very important. Selection of SWs from the available SWs is done by replacing diverse values based on the distance limitation.Results: The suggested model is validated with the mathematical problem, and the optimum set of SWs is identified from the result. The result has been substantiated using analytic hierarchy process. Conclusion: The system of optimum number of SWs is obtained from the result.