A unified presentation of inventory models under quantity discounts, trade credits and cash discounts in the supply chain management

DOI10.1007/s13398-017-0394-7zbMath1405.90011OpenAlexW2604536723MaRDI QIDQ1742920

Kun-Jen Chung, Pin-Shou Ting, Shy-Der Lin, Jui-Jung Liao, Hari M. Srivastava

Publication date: 12 April 2018

Published in: Revista de la Real Academia de Ciencias Exactas, Físicas y Naturales. Serie A: Matemáticas. RACSAM (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s13398-017-0394-7

zbMATH Keywords

optimizationsupply chain managementinventory modelsquantity discountstrade creditsinventory control and integrated modelmathematical solution procedurespricing and financecash discountsoptimal replenishment cycle timeordering quantity

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) General equilibrium theory (91B50) Corporate finance (dividends, real options, etc.) (91G50)

Related Items (6)

Mathematical analytic techniques for determining the optimal ordering strategy for the retailer under the permitted trade-credit policy of two levels in a supply chain system ⋮ An accurate and reliable mathematical analytic solution procedure for the EOQ model with non-instantaneous receipt under supplier credits ⋮ The impact of system deterioration and product warranty on optimal lot sizing with maintenance and shortages backordered ⋮ Mathematical analytic techniques and the complete squares method for solving an inventory modelling problem with a mixture of backorders and lost sales ⋮ Optimal ordering policy in an economic order quantity (EOQ) model for non-instantaneous deteriorating items with defective quality and permissible delay in payments ⋮ Optimizing price, lot size and backordering level for products with imperfect quality, different holding costs and non-linear demand

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