Credit Financing in Economic Ordering Policies for Defective Items with Order Overlapping
نویسندگان
چکیده
منابع مشابه
Credit Financing in Economic Ordering Policies for Defective Items with Order Overlapping
In the classical inventory models, most of the time the issue of quality of the items has not been given due attention. However, in realistic environment, it can be observed that there may be some defective items in an ordered lot, because of these defective items retailer may incurs additional cost due to rejection, repair and refund etc. Thus, inspection/screening of lot becomes essential in ...
متن کاملCredit financing in economic ordering policies for defective items with allowable shortages
In the classical inventory models, the common unrealistic assumption is that all the items produced are of good quality in nature. However, in realistic environment, it can be observed that there may be some defective items in an ordered lot. These items are usually picked up during the screening process and are sold as a single lot at the end of screening process. Further, it is tacitly assume...
متن کاملCredit financing in economic ordering policies of time - dependent deteriorating items
This paper presents the economic ordering policies of time-dependent deteriorating items in presence of trade credit using of discounted cash-flows (DCF) approach. In inventory analysis a DCF approach permits a proper recognition of the financial implication of the opportunity cost and out-of-pocket cost. In the inventory model, shortages are not allowed. In this study mathematical models are a...
متن کاملA Queueing-Inventory System with Repair Center for Defective Items and One-for-One Ordering Policy
In this paper we consider a system consisting of a supplier with a single processing unit, a repair center, and a retailer with Poisson demand. We assume that the retailer applies one-for-one ordering policy with backorders for his inventory control. The retailer’s orders form a queue in the supplier processing unit. We also assume that a certain fraction of the products produced by the supplie...
متن کاملOptimal Retailer ’ s Ordering Policies in the EOQ Model for Deteriorating Items under Trade Credit Financing in Supply Chain
This paper deals with the problem of determining the optimal retailer’s replenishment decisions for deteriorating items under two levels of trade credit policy within the economic order quantity (EOQ) framework to reflect the supply chain management situation. We investigate the retailer's inventory system as a cost minimization problem to determine the retailer's optimal inventory policy under...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Journal of Modeling and Optimization
سال: 2014
ISSN: 2010-3697
DOI: 10.7763/ijmo.2014.v4.337