Probabilistic Inventory Model under Flexible Trade Credit Plan Depending upon Ordering Amount
نویسندگان
چکیده
منابع مشابه
Lot-sizing decisions under trade credit depending on the ordering quantity
This paper deals with the problem of determining the economic order quantity for exponentially deteriorating items under the conditions of permissible delay in payments. The delay in payments depends on the quantity ordered. When the order quantity is less than at which the delay in payments is permitted, the payment for the product must be made immediately. Otherwise, the 0xed trade credit per...
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...
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...
متن کاملOptimal 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...
متن کاملOptimal retailer's ordering policies in the EOQ model under trade credit financing
Introduction Model formulation and the convexity Decision rule of the optimal cycle time T*
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ژورنال
عنوان ژورنال: Mathematics and Statistics
سال: 2020
ISSN: 2332-2071,2332-2144
DOI: 10.13189/ms.2020.080515