 This paper presents an inventory model with non-instantaneous receipt under the condition of permissible delay in payments. Certain items like volatiles deteriorate during production process. In this paper, we consider deterioration into two phases i.e. phase 1 and phase 2. The purpose of this paper is to determine the optimal replenishment policies under conditions of non-instantaneous recei...

Email: [email protected] Abstract: Many researchers have assumed one stage trade credit financing. In this study, we considered two levels of trade credit policy using Discounted Cash Flow (DCF) approach. Demand rate is considered to be stock-dependent for the first level (credit demand) and constant for second level (cash demand). Mathematical models are derived under two differen...

Welfare Implications of India’s Employment Guarantee Programme with a Wage Payment Delay* We examine the efficacy of a popular anti-poverty programme, namely the National Rural Employment Guarantee Act (NREGA) of the Government of India. We argue that a chronic friction of wage payment delay in this flagship programme could adversely affect the welfare of the poor through two channels. First, i...

The present Paper deals with an inventory production policy for a ramp type deteriorating item over finite planning horizon constant demand, rate and shortages are not allowed. optimal number of cycles that minimizes the average system cost is determined. model permits shortage in each cycle, which completely backlogged within cycle itself. Every starts zero stock production. As continues, begi...

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In this article, we discussed optimal replenishment policies for two succeeding generations' technology products under partial trade credit financing. It is often seen that in market, advanced generation product plays an important role cannibalising the market of existing product. Thus, precise estimation demand critical taking any policy decisions. Demand a complex process, as consumer buying ...