1. AJAY SINGH YADAV - Post-Doctoral Research Scholar, Srinivas University, Mangaluru, India & Assistant Professor, Department of Mathematics, SRM Institute of Science and Technology, Delhi-NCR Campus, Ghaziabad, India.
2. PRAVEEN B M - Director- Research, Department of Chemistry, Srinivas University, Mangaluru India.
3. NAVIN AHLAWAT - Professor, Department of Computer Science, SRM Institute of Science and Technology, Delhi-NCR
Campus, Ghaziabad, India.
4. MOHAMMED ABID - Research Scholar, Department of Mathematics, SRM Institute of Science and Technology, Delhi-NCR
Campus, Ghaziabad, India.
A Corona virus vaccine supply chain Inventory system has been investigated in which a single Corona virus vaccine manufacturer procures raw materials from a single Corona virus vaccine supplier, processes them to produce finished products, and then delivers the products to a single Corona virus vaccine retailer using Machine learning and Bacterial Foraging Optimization. The customer’s demand rate is assumed to be timesensitive in nature (ramp type) that allows two-phase variation in the demand and Corona virus vaccine production rate. Our adoption of ramp type demand reflects a real market demand for a newly launched Corona virus vaccine product. Shortages are allowed with partial backlogging of Corona virus vaccine demand (only for the Corona virus vaccine retailer), i.e. the rest represent lost sales using Machine learning and Bacterial Foraging Optimization. The effects of inflation of the cost parameters and deterioration are also considered separately. We show that the total cost function is convex. Using this convexity, a simple algorithm is presented to determine the optimal order quantity and optimal cycle time for the total cost function using Machine learning and Bacterial Foraging Optimization. The results are discussed with numerical examples and particular cases of the model discussed briefly. A sensitivity analysis of the optimal solution with respect to the parameters of the system is carried out using Machine learning and Bacterial Foraging Optimization.
Corona virus raw material, Corona virus vaccine manufacturer, Corona virus vaccine retailer, Machine learning and Bacterial Foraging Optimization.