Some modified mathematical analytic derivations of the annual total relevant cost of the inventory model with two levels of trade credit in the supply chain system

DOI10.1002/MMA.5626zbMath1426.91290OpenAlexW2944475549WikidataQ127902518 ScholiaQ127902518MaRDI QIDQ5240249

Sheng-Tu Chuang, Shy-Der Lin, Jui-Jung Liao, Kun-Jen Chung, Hari M. Srivastava

Publication date: 25 October 2019

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

Full work available at URL: https://doi.org/10.1002/mma.5626

zbMATH Keywords

trade credit financingsupply chain systemeconomic order quantity (EOQ)mathematical analytic tools and techniquesinventory modeling and optimizationmathematical solution procedurepermissible delays in payments

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Credit risk (91G40)

Related Items (3)

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

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