Imperfect economic production quantity model with upstream trade credit periods linked to raw material order quantity and downstream trade credit periods
نویسندگان
چکیده
منابع مشابه
Economic production quantity models for deteriorating items with up-stream full trade credit and down-stream partial trade credit
In practice, in order to reduce default risks with credit-risk customers, a seller (e.g., a manufacturer or a retailer) frequently requests its credit-risk customers to pay a fraction of the purchase amount at the time of placing an order as collateral deposit, and then grants a permissible delay on the outstanding balance (i.e., a down-stream partial trade credit). By contrast, the seller usua...
متن کاملEconomic order quantity model with trade credit financing for non-decreasing demand
Researchers in the past have established their inventory lot-size models under trade credit financing by assuming that the demand rate is constant. However, from a product life cycle perspective, it is only in the maturity stage that demand is near constant. During the growth stage of a product life cycle (especially for high-tech products), the demand function increases with time. To obtain ro...
متن کاملEOQ Model for Deteriorating Items with Exponential Time Dependent Demand Rate under Inflation When Supplier Credit Linked to Order Quantity
In paper (2004) Chang studied an inventory model under a situation in which the supplier provides the purchaser with a permissible delay of payments if the purchaser orders a large quantity. Tripathi (2011) also studied an inventory model with time dependent demand rate under which the supplier provides the purchaser with a permissible delay in payments. This paper is motivated by Chang (2004) ...
متن کاملAn economic order quantity with imperfect quality and quantity discounts
Previous studies in the issue of inventory models with imperfect quality assumed the defectives could be sold in a batch by the end of the inspection process and the manufacturing systems were push systems. However, the above assumptions may not be true in the pull system in which buyer is powerful. Therefore, in this paper, we develop a new inventory model for items with imperfect quality and ...
متن کاملOptimal trade credit and lot size policies in economic production quantity models with learning curve production costs
In reality, a seller (e.g., a supplier or a manufacturer) frequently offers his/her buyers trade credit (e.g., permissible delay in payment). Trade credit reduces the buyer's holding cost of inventory and hence attracts new buyers who consider it to be a type of price reduction. On the other hand, granting trade credit also increases the seller's opportunity cost (i.e., the loss of capital oppo...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Mathematical Modelling
سال: 2016
ISSN: 0307-904X
DOI: 10.1016/j.apm.2016.05.008