Determination of the optimal ordering policy for the retailer with limited capitals when a supplier offers 2 levels of trade credit

DOI10.1002/MMA.4554zbMath1407.91114OpenAlexW2759996352MaRDI QIDQ3134064

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

Publication date: 8 February 2018

Published in: Mathematical Methods in the Applied Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1002/mma.4554

zbMATH Keywords

supply chain managementquantity discountsinventory control and integrated modelmathematical solution proceduresoptimal ordering policytwo-level trade crediteconomic order quantity (EOQ)cash discountsoptimal replenishment cycle timeinventory models and optimization

Mathematics Subject Classification ID

Production models (90B30) Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05)

Related Items (2)

An accurate and reliable mathematical analytic solution procedure for the EOQ model with non-instantaneous receipt under supplier credits ⋮ An ordering policy for deteriorating items with price-dependent iso-elastic demand under permissible delay in payments and price inflation

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