Erratum: Inventory management under date-terms supplier trade credit with stochastic demand and leadtime
نویسندگان
چکیده
منابع مشابه
A Stochastic Inventory Model with Trade Credit
S routinely sell goods to retailers on credit. Common credit terms are tantamount to a schedule of declining discounts (escalating penalties) that depend on how long the retailer takes to pay off the supplier’s loan. However, issues such as which stocking policies are optimal in the presence of supplier-provided credit have been investigated only when demand is assumed deterministic. Nearly all...
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Traditional supply chain inventory modes with trade credit usually only assumed that the up-stream suppliers offered the down-stream retailers a fixed credit period. However, in practice the retailers will also provide a credit period to customers to promote the market competition. In this paper, we formulate an optimal supply chain inventory model under two levels of trade credit policy with d...
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This paper investigates an EPQ model with the increasing demand and demand dependent production rate involving the trade credit financing policy, which is seldom reported in the literatures. The model considers the manufacturer was offered by the supplier a delayed payment time. It is assumed that the demand is a linear increasing function of the time and the production rate is proportional to ...
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This article addresses the development of an integrated supplier selection and inventory control problems in supply chain management by developing a mathematical model for a multi-echelon system. In particular, a buyer firm that consists of one warehouse and N identical retailers wants to procure a product from a group of potential suppliers, which may require different price, ordering cost, le...
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In this paper, an inventory model of a deteriorating item with stock and selling price dependent demand under two-level credit period has been developed. Here, the retailer enjoys a price discount if he pays normal purchase cost on or before the first level of credit period, or an interest is charged for the delay of payments. In return, retailer also offers a fixed credit period to his custome...
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ژورنال
عنوان ژورنال: Journal of the Operational Research Society
سال: 2006
ISSN: 0160-5682,1476-9360
DOI: 10.1057/palgrave.jors.2602154