Mathematical Inventory Model with Decay Item under Two Levels of Trade Credit
نویسندگان
چکیده
منابع مشابه
Optimal replenishment and credit policy in supply chain inventory model under two levels of trade credit with time- and credit-sensitive demand involving default risk
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 tries to incorporate both Huang s model [Y.F. Huang, Optimal retailer s ordering policies in the EOQ model under trade credit financing, J. Oper. Res. Soc. 54 (2003) 1011–1015] and Teng s model [J.T. Teng, On the economic order quantity under conditions of permissible delay in payments, J. Oper. Res. Soc. 53 (2002) 915–918] by considering the retailer s storage space limited to refle...
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A deterministic inventory model with two levels of storage (own warehouse and rented warehouse) with non-instantaneous deteriorating items is studied. The supplier offers the retailer a trade credit period to settle the amount. Different scenarios based on the deterioration and the trade credit period have been considered. In this article, we have framed two models considering single warehouse ...
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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...
متن کاملA 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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ژورنال
عنوان ژورنال: Journal of Applied Sciences
سال: 2005
ISSN: 1812-5654
DOI: 10.3923/jas.2005.978.982