Inventory ordering policies for mixed sale of products under inspection policy, multiple prepayment, partial trade credit, payments linked to order quantity and full backordering
نویسندگان
چکیده
منابع مشابه
Economic order quantity with partial backordering and sampling inspection
To access the efficient inventory system, managers should consider all the situations that have happened in reality. One of these situations is the presence of the defective items in each received lot and the other situation is being the group of customers that do not wait to fulfill their requirements from the vendor and choose another one to get their orders so the proportion of the backorder...
متن کاملRetailer’s Inventory Policy under Supplier’s Partial Trade Credit Policy
This paper discusses the economic order quantity ( EOQ ) under partial trade credit. In 1985, Goyal assumed that: (i) The unit selling price and the unit purchasing price were equal. (ii) The supplier would offer the retailer full trade credit under condition of delay payments. The main purpose of this paper wants to modify Goyal’s model to presume that the unit selling price and the unit purch...
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Recently, market globalization and competition have forced companies to find alternative means to boost sales and revenue. The use of the cash flow is increasingly becoming a viable alternative for managers to improve their company’s profitability in a supply chain. In today’s business transactions, a supplier usually asks a manufacturer to pay via the advance-cash-credit (ACC) payment scheme i...
متن کاملOptimal Ordering Strategy of a Replenishment Policy for Deteriorating Items Under Retailer's Partial Trade Credit Policy
This paper investigates the economic order quantity inventory model for a retailer under two levels of trade credit to reflect the supply chain management situation. It is assumed that the retailer maintains a powerful position and can obtain full trade credit offered by supplier, yet the retailer just offers the partial trade credit to customers. Under these conditions, the retailer can obtain...
متن کاملAn economic order quantity model with multiple partial prepayments and partial backordering
The classic Economic Order Quantity model assumes that an order is paid for at the time of its receipt. In practice, suppliers may require purchasers to pay a fraction of the order’s cost in advance and sometimes allow them to divide the prepayment into multiple equalsized parts to be paid during a fixed lead time. In this paper, an EOQ model with multiple prepayments under three different cond...
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ژورنال
عنوان ژورنال: Annals of Operations Research
سال: 2019
ISSN: 0254-5330,1572-9338
DOI: 10.1007/s10479-019-03369-x