Manufacturing Inventory Model for Deteriorating Items with Maximum Lifetime under Two-Level Trade Credit Financing
نویسندگان
چکیده
منابع مشابه
Manufacturing Inventory Model for Deteriorating Items with Maximum Lifetime under Two-Level Trade Credit Financing
In the present study, an inventory model is developed especially for a manufacturer where manufactured product not only deteriorates continuous but also has a maximum lifetime. It is assumed that supplier offers full trade credit period of M to the manufacturer while due to the strong position in the market, manufacturer provides partial trade credit period of N to his/her wholesaler. The objec...
متن کاملRetailer ’ s optimal ordering policy for deteriorating items with maximum lifetime under supplier ’ s trade credit financing
Article history: Received 1 November 2012 Received in revised form 23 July 2013 Accepted 29 November 2013 Available online 13 February 2014
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In a supplier-retailer-buyer supply chain, the supplier frequently offers the retailer a trade credit of periods, and the retailer in turn provides a trade credit of periods to her/his buyer to stimulate sales and reduce inventory. From the seller’s perspective, granting trade credit increases sales and revenue but also increases opportunity cost (i.e., the capital opportunity loss during cre...
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In this paper, an EOQ model is developed for a deteriorating item with quadratic time dependent demand rate under trade credit. Mathematical models are also derived under two different situations i.e. Case I; the credit period is less than the cycle time for settling the account and Case II; the credit period is greater than or equal to the cycle time for settling the account. The numerical exa...
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ژورنال
عنوان ژورنال: International Journal of Computer Applications
سال: 2015
ISSN: 0975-8887
DOI: 10.5120/21616-4890