Retailer’s replenishment policies under conditions of permissible delay in payments
نویسندگان
چکیده
منابع مشابه
Pricing and Replenishment Policies for Imperfect Quality Deteriorating Items Under Inflation and Permissible Delay in Payments
Usually it is assumed that all items in a lot are of good quality, but in reality this assumption may not always be pertinent. Thus, the inspection of lots becomes essential in almost all organizations. Moreover, its role becomes more vital when the items are deteriorating in nature. Owing to this fact, this paper investigates the impact of initial inspection on retailer’s pricing and ordering ...
متن کاملEconomic order quantity under conditionally permissible delay in payments
Within the economic order quantity (EOQ) framework, the main purpose of this paper is to investigate the retailer’s optimal replenishment policy under permissible delay in payments. All previously published articles dealing with optimal order quantity with permissible delay in payments assumed that the supplier only offers the retailer fully permissible delay in payments if the retailer ordered...
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The present study was carried out to investigate Goyal’s model (1985) and Teng’s model (2002) using the algebraic method to determine the optimal cycle time under delay payments. This paper provides algebraic approach that must be considered as a pedagogical advantage for explaining the inventory concept to students that lack knowledge of derivatives. This algebraic approach could therefore be ...
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متن کاملSingle supplier multiple cooperative retailers inventory model with quantity discount and permissible delay in payments
We consider in this paper an Economic Order Quantity (EOQ) problem involving a single supplier that offers quantity discounts and allows retailers to delay payments. The retailers are tempted to form coalitions in order to minimize their costs. We propose a solution approach that generates stable coalition structures for the retailers taking into account the delay in payments and the discount q...
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ژورنال
عنوان ژورنال: YUJOR
سال: 2004
ISSN: 0354-0243,1820-743X
DOI: 10.2298/yjor0402231h