Optimal retailer's inventory policy under supplier credits linket to retailer payment time
type: Item
instance of: scholarly article
title: Optimal retailer's inventory policy under supplier credits linket to retailer payment time
zbMATH Open document ID: 1142.90307
author: Yung-Fu Huang
author: Kuang-Hua Hsu
published in: Mathematical \& Computational Applications
publication date: 2008-09-12T00:00:00Z
review text: Summary: This paper wants to investigate the retailer's optimal cycle time and optimal payment time under supplier credits including conditionally permissible delay in payments and cash discount depending on retailer payment time. That is, the retailer can obtain fully permissible delay in payments and cash discount if the payment is paid before the period of full delay payments permitted by the supplier. Otherwise, the retailer will just obtain partially permissible delay in payments within the period of partial delay payments permitted by the supplier. The supplier uses this policy to attract retailer to pay the payment as soon as possible to shorten the collection period. One theorem is developed to efficiently determine the optimal replenishment and payment policy for the retailer.
Mathematics Subject Classification ID: 90B05
zbMATH DE Number: 5343644
MaRDI profile type: Publication
full work available at URL: mca12020077
OpenAlex ID: W2400014937
DOI: 10.3390/MCA12020077
description: scientific article; zbMATH DE number 5343644