This paper considers a two-level supply chain consisting of a manufacturer and two buyers. The manufacturer produces one type of products at a finite rate and replenishes them to the buyers. Each buyer’s demand is sensitive to his selling price and the backorder is allowed at the buyers. Moreover, it is assumed that the buyers delay paying for goods to the manufacturer and two types of delay in...

In this paper, we investigate the problem of determining a retailer’s optimal cycle time and the optimal payment policy when supplier offers partially or fully permissible delay in payment linking to payment time. The retailer can obtain the larger fraction of the delay payment permitted by the supplier when the retailer chooses the shorter delayed payment period. The supplier uses this policy ...

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 ...

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...

Although significant research work has been conducted on cash flow forecast, planning, and management, the objective is constantly the maximization of profit/final cash balance, or minimization of total project cost. This paper presents a multi-objective fuzzy linear programming model (FLP) for resolving the optimization problem of three conflicting objectives: final cash balance, cost of money...

‎this paper proposes a multi-supplier multi-product inventory model in which the suppliers have unlimited production capacity, allow delayed payment, and offer either an all-unit or incremental discount. the retailer can delay payment until after they have sold all the units of the purchased product. the retailer’s warehouse is limited, but the surplus can be stored in a rented warehouse at a...

‎This paper proposes a multi-supplier multi-product inventory model in which the suppliers have unlimited production capacity, allow delayed payment, and offer either an all-unit or incremental discount. The retailer can delay payment until after they have sold all the units of the purchased product. The retailer’s warehouse is limited, but the surplus can be stored in a rented warehouse at a...

Welfare Implications of India’s Employment Guarantee Programme with a Wage Payment Delay* We examine the efficacy of a popular anti-poverty programme, namely the National Rural Employment Guarantee Act (NREGA) of the Government of India. We argue that a chronic friction of wage payment delay in this flagship programme could adversely affect the welfare of the poor through two channels. First, i...