Optimal ordering and pricing decision for items following price sensitive quadratic demand under combined payment scheme

Three types of payments confront in business dealings viz. advance, cash and credit. A payment is ubiquitously practiced, while a credit scheme escalates sales advance technique implemented to avoid cancellation orders. These are recognized as advance-cash-credit (ACC) which conventional transactions. By implicating ACC the aim determine optimal pricing ordering policies. Inventory items observes quadratic demand being sensitive unit selling price. Promising concavity profit function for both price cycle time posed numerically. Managerial insights revealed concluding note.