Delay of interim payment remains a chronic problem in the Malaysian construction industry and has relatively increased number recent years. Other than causing conflict among contracting parties, impacts it brings could shatter entire delivery chain. Thus, unfavorable contractual behavior client is matter great concern that should be addressed by all parties involved to ensure satisfactory proje...

In most inventory models it is assumed that the parameters of the model do not vary with time, and that the payment of orders from the retailer to the supplier is made immediately up on the receipt of these orders. Some suppliers, however, allow a certain fixed period to settle payment accounts. During this fixed period no interest is charged by the supplier, but beyond that period an interest,...

The current study works with an inventory management strategy under the discount cash flow approach for perishable commodities expiry dates, price-sensitive demand, and investment in preservation technology. In addition, this examines probable influence of price-increase on replenishment retailer where specific delivery units can be purchased. Furthermore, model, two circumstances are deliberat...

it has been tried to compare the “price payment method” in iranian law with “principles of international commercial contracts” and “convention on contracts for international sale of goods vienna, 1980” in this study. different law regulations in various countries should be unified in order to extend rapid and insured trusted law relations among the nations and people all over the world because ...

An inventory model for Weibull deteriorating items with time varying demand under permissible delay in payments and inflation is considered. Holding cost is linear function of time. Shortages are permitted and are completely backlogged. Sensitivity with respect to parameters has been carried out. Numerical example is taken to support the model.

In the classical inventory models, most of the time the issue of quality of the items has not been given due attention. However, in realistic environment, it can be observed that there may be some defective items in an ordered lot, because of these defective items retailer may incurs additional cost due to rejection, repair and refund etc. Thus, inspection/screening of lot becomes essential in ...