The main purpose of this paper is to investigate the retailer’s inventory policy under two levels of trade credit to reflect the supply chain management situation. In this paper, we assume that the retailer has the powerful decision-making right. So, we extend the assumption that the retailer can obtain the full trade credit offered by the supplier and the retailer just offers the partial trade...

in this paper, a production inventory model is developed for the business enterprise which consists of three wings. the first wing is for manufacturing new items, the second wing is for collecting the returned items, while third wing is for remanufacturing the returned item. in this model we consider the fact that the storage item is deteriorated during storage periods and salvage value is inco...

Original scientific paper Non production of defective parts during production operations and non-attention to inflation and time value of money are among the hypotheses of economic production quantity model. But the performed studies show that considering defective parts in production size determination models or including the subject of inflation and time value of money in them leads to the ch...

This paper deals with the problem of determining the optimal retailer’s replenishment decisions for deteriorating items under two levels of trade credit policy within the economic order quantity (EOQ) framework to reflect the supply chain management situation. We investigate the retailer's inventory system as a cost minimization problem to determine the retailer's optimal inventory policy under...

Trade credit is a well established promotional tool in the present competitive world and its impact on demand cannot be ignored. Businesses often use trade credit to increase their market share and, in turn, the profit. Undoubtedly, trade credit plays a great role in increasing the demand but it also involves a great risk of nonpayment. In order to reduce the risk of non-payment, businessman at...

An Economic Lot-sizing(ELS) problem with perishable inventory has been studied extensively over the years and plays a fundamental role in the inventory management. In this paper, we consider the problem where backlogging is allowed with the general economies of scale cost functions. Since the special case without backlogging is NP-hard, the considered problem is also NP-hard. The main contribut...

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...

The concept of advanced sustainable inventory management, where demand pattern stock level and advertising dependent under trade-credit policy is taking account in this present study. Optimal credit period cycle time are the main objective system. A developed solution methodology derived to show existence global optimality optimum time. concern system maximize annual total profit retailer with ...

The net effects of switching from consumption taxation to inflation taxation on resource allocation and welfare crucially depend on production externalities. With elastic labor supply, raising inflation taxation decreases leisure, but increases the levels of real consumption, capital, and output. Moreover, this tax switch has two opposing effects on the level of real money balances: A positive ...

business of goods is one of the necessities of social life. man has produced the money to facilitate the business, which simultaneously with the development of social and economic life has taken different forms. intrinsic value of some money and relative value of the other and the role of the inflation in decrease in value of money cause the different religious commandments. that is why, for co...