A constant unit purchase cost is one of the main assumptions in the classic economic order quantity model. In practice, suppliers sometimes offer special sale prices to stimulate sales or decrease inventories of certain items. In this paper we develop an EOQ model with a special sale price and...

A constant unit purchase cost is one of the main assumptions in the classic Economic Order Quantity model. In practice, suppliers sometimes face a known price increase. In this paper, we develop EOQ models with a known price increase and partial backordering under two different assumptions about...

In a supplier-retailer-buyer supply chain, the supplier frequently offers the retailer a trade credit of S periods, and the retailer in turn provides a trade credit of R periods to her/his buyer to stimulate sales and reduce inventory. From the seller’s perspective, granting trade credit...

Recently, Sarker et al. [Sarker, B.R., Jamal, A.M.M., Mondal, S., 2008. Optimal batch sizing in a multi-stage production system with rework consideration. European Journal of Operational Research 184(3) 915-929] presented an EPQ inventory model for a multi-stage manufacturing system with rework...