Retailer’s inventory system in a two-level trade credit financing with selling price discount and partial order cancelations

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Retailer's inventory system in a two-level trade credit financing with selling price discount and partial order cancellations

In today's fast marketing over the Internet or online, many retailers want to trade at the same time and change their marketing strategy to attract more customers. Some of the customers may decide to cancel their orders partially with a retailer due to various reasons such as increase in customer's waiting time, loss of customer's goodwill on retailer's business, and attractive promotional sche...

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Mathematical Modeling for an Integrated Inventory System with Two-level Trade Credit and Random Defectiveness in Transport

Modern business environment focuses on improving the operational efficiency of supplier, retailer and customers through integrating their inventory. Although a smoothly running integrated inventory system is ideal, the reality is to deal with imperfectness in transportation. In actual production environments, inventory items are not perfect and defectiveness occurs in random process.  In this p...

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Manufacturing Inventory Model for Deteriorating Items with Maximum Lifetime under Two-Level Trade Credit Financing

In the present study, an inventory model is developed especially for a manufacturer where manufactured product not only deteriorates continuous but also has a maximum lifetime. It is assumed that supplier offers full trade credit period of M to the manufacturer while due to the strong position in the market, manufacturer provides partial trade credit period of N to his/her wholesaler. The objec...

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Optimal credit period and lot size for deteriorating items with expiration dates under two-level trade credit financing and back order

In a supplier-retailer-buyer supply chain, the supplier frequently offers the retailer a trade credit of  periods, and the retailer in turn provides a trade credit of  periods to her/his buyer to stimulate sales and reduce inventory. From the seller’s perspective, granting trade credit increases sales and revenue but also increases opportunity cost (i.e., the capital opportunity loss during cre...

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ژورنال

عنوان ژورنال: Journal of Industrial Engineering International

سال: 2015

ISSN: 1735-5702,2251-712X

DOI: 10.1007/s40092-014-0052-z