Baye‟s estimation of stochastic inventory model for deteriorating items with trade credit
نویسندگان
چکیده
منابع مشابه
Inventory Model for Deteriorating Items with Quadratic Time Dependent Demand under Trade Credits
In this paper, an EOQ model is developed for a deteriorating item with quadratic time dependent demand rate under trade credit. Mathematical models are also derived under two different situations i.e. Case I; the credit period is less than the cycle time for settling the account and Case II; the credit period is greater than or equal to the cycle time for settling the account. The numerical exa...
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S routinely sell goods to retailers on credit. Common credit terms are tantamount to a schedule of declining discounts (escalating penalties) that depend on how long the retailer takes to pay off the supplier’s loan. However, issues such as which stocking policies are optimal in the presence of supplier-provided credit have been investigated only when demand is assumed deterministic. Nearly all...
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We suggest a new inventory continuous time stochastic model for deteriorating items. We derive optimal operating characteristics of the expected cost per unit time under the assumption that demand in each replenishment cycle forms a regenerative process. We also present numerical examples. 2000 Mathematics Subject Classification. Primary 60K30, 60J10, 90B05.
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ژورنال
عنوان ژورنال: Journal of Management and Science
سال: 2017
ISSN: 2250-1819,2249-1260
DOI: 10.26524/jms.2017.8