Optimal order quantity under advance sales and permissible delays in payments
نویسندگان
چکیده
منابع مشابه
Economic order quantity under conditionally permissible delay in payments
Within the economic order quantity (EOQ) framework, the main purpose of this paper is to investigate the retailer’s optimal replenishment policy under permissible delay in payments. All previously published articles dealing with optimal order quantity with permissible delay in payments assumed that the supplier only offers the retailer fully permissible delay in payments if the retailer ordered...
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We develop an inventory model to determine optimal ordering policy under permissible delay in payment by considering demand rate to be stock dependent. Mathematical models are derived under two different cases: credit period being greater than or equal to cycle time for settling the account, and credit period being less than or equal to cycle time for settling the account. The results are illus...
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This paper deals with economic ordering policies for deteriorating items with inflation dependent demand rate under permissible delay in payments by considering selling price is necessarily higher than purchasing cost. We obtain optimal cycle time and we show the total cost function is concave for both cases i.e. case I and case II. We then develop an algorithm for a retailer to determine its o...
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ژورنال
عنوان ژورنال: African Journal of Business Management
سال: 2011
ISSN: 1993-8233
DOI: 10.5897/ajbm10.1414