An Algebraically Derived Minimal Cost Solution Technique of the EOQ Model Under Conditional Trade Credit
نویسندگان
چکیده
منابع مشابه
An Algebraically Derived Minimal Cost Solution Technique of the EOQ Model Under Conditional Trade Credit
In 1985, Goyal considered the retailer’s inventory replenishment problem under trade credit independent of the order quantity and the retailer’s unit selling price and the purchasing price per unit were equal. In this paper, the restrictive assumptions of the trade credit independent of the order quantity and the retailer’s unit selling price equaled to the purchasing price per unit are relaxed...
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⎯Recently an algebraically derived optimal cost solution policy of the integrated vendor-buyer problem with equal sized batch transfer was presented. The solution technique was illustrated with a numerical example and in comparison with two available methods in the literature a significant cost reduction was shown. This paper highlights that the optimal total cost obtained by them is about 5.8%...
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Introduction Model formulation and the convexity Decision rule of the optimal cycle time T*
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ژورنال
عنوان ژورنال: Journal of Applied Sciences
سال: 2006
ISSN: 1812-5654
DOI: 10.3923/jas.2006.750.754