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In today's competitive markets, most firms in United Kingdom and United States offer their products on trade credit to stimulate sales and reduce inventory. Trade credit is calculated based on time value of money on the purchase cost (i.e., discounted cash flow analysis). Recently, many...
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Ho et al. [Ho, C.H., Ouyang, L.Y., Su, C.H., 2008. Optimal pricing, shipment and payment policy for an integrated supplier-buyer inventory model with two-part trade credit, European Journal of Operational Research 187, 496-510] discussed the integrated inventory model with two-part trade credit...
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This paper discusses the optimum order quantity of the EOQ model that is not only dependent on the inventory policy but also on firm' credit policy. Here, the conditions of using a discounted cash-flows (DCF) approach and trade credit depending on the quantity ordered are discussed. We consider...
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In 2007, Huang proposed the optimal retailer's replenishment decisions in the EPQ model under two levels of trade credit policy, in which the supplier offers the retailer a permissible delay period M, and the retailer in turn provides its customer a permissible delay period N (with N  M)....
Persistent link: https://www.econbiz.de/10005278240
This paper deals with an ordering-transfer inventory model to determine the retailer's optimal order quantity and the number of transfers per order from the warehouse to the display area. It is assumed that the amount of display space is limited and the demand rate depends on the display stock...
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Wee and Chung [Wee, H.M., Chung, C.T., 2007. A note on the economic lot size of the integrated vendor-buyer inventory system derived without derivatives. European Journal of Operational Research 177, 1289-1293] use the complete squares method to locate the optimal solution of the integrated...
Persistent link: https://www.econbiz.de/10004973538