A supply chain model for deteriorating items with time discounting under trade credit and quantity discounts
نویسندگان
چکیده
منابع مشابه
Economic Order Quantity for Deteriorating Items with Non Decreasing Demand and Shortages Under Inflation and Time Discounting
Some products like green vegetables, volatile liquids and others deteriorate continuously due to evaporation, spoilage etc. In this study, an inventory model is developed for deteriorating items with linearly time dependent demand rate under inflation and time discounting over a finite planning horizon. Shortages are allowed and linearly time dependent. Mathematical model is presented for the p...
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In practice, the supplier often offers the retailers a trade credit period M and the retailer in turn provides a trade credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer’s perspective, granting trade credit not only increases sales and revenue but also increases opportunity cost (i.e., the capital opportunity loss during credit period) and defau...
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ژورنال
عنوان ژورنال: African Journal of Business Management
سال: 2011
ISSN: 1993-8233
DOI: 10.5897/ajbm10.1315