Decision support system for customers during availability of trade credit financing with different pricing situations

This study introduces an inventory system with a non-instantaneous deteriorating product credit facility and variable demand depending on the selling price. Two different prices are considered in deterioration non-deterioration periods. Shortages partially backlogged dependent length of customers’ waiting time upto arrival fresh lot. Alternative trade-credit policy is applied herein, several cases, sub-cases situations investigated. The corresponding optimization problems solved using interval-oriented multi-section technique help interval mathematics order relations. A numerical example three periods studied to validate said problem. Also, two case studies Then investigate effect changes parameters optimal policy, post optimality analyses performed.