Payment in advance

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Mathematical Modelling for EOQ Inventory System with Advance Payment and Fuzzy Parameters

This study considers an EOQ inventory model with advance payment policy in a fuzzy situation by employing two types of fuzzy numbers that are trapezoidal and triangular. Two fuzzy models are developed here. In the first model the cost parameters are fuzzified, but the demand rate is treated as crisp constant. In the second model, the demand rate is fuzzified but the cost parameters are treated ...

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Recently, market globalization and competition have forced companies to find alternative means to boost sales and revenue. The use of the cash flow is increasingly becoming a viable alternative for managers to improve their company’s profitability in a supply chain. In today’s business transactions, a supplier usually asks a manufacturer to pay via the advance-cash-credit (ACC) payment scheme i...

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mathematical modelling for eoq inventory system with advance payment and fuzzy parameters

this study considers an eoq inventory model with advance payment policy in a fuzzy situation by employing two types of fuzzy numbers that are trapezoidal and triangular. two fuzzy models are developed here. in the first model the cost parameters are fuzzified, but the demand rate is treated as crisp constant. in the second model, the demand rate is fuzzified but the cost parameters are treated ...

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Advance payment systems: Paying too much today and being satisfied tomorrow

Advance payment systems represent a pricing innovation, in which companies predict customers’ future consumption for the following year and then bill a series of monthly, uniform advance payments. Any difference between predicted and actual consumption gets settled at the end of the year with a refund or extra payment. Companies thus gain earlier access to funds and lower risk of customer defau...

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Administrative costs for advance payment of health coverage tax credits: an initial analysis.

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ژورنال

عنوان ژورنال: Nature

سال: 1997

ISSN: 0028-0836,1476-4687

DOI: 10.1038/37497