Mohan, Srimathy; Mohan, Gopalakrishnan; Chandrasekhar, Ashok - In: European Journal of Industrial Engineering 2 (2008) 4, pp. 446-460
This paper investigates the optimal replenishment policy for multi-item ordering under the conditions of permissible delay in payment, a budget constraint and permissible partial payment at a penalty. Such conditions exist in the use of purchase cards to order merchandise directly from the...
