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In the traditional economic order quantity/economic production quantity model, most of the items considered are of perfect type. But this situation rarely takes place in practice. Thus, in this paper, an economic order quantity model with imperfect-quality items is developed....
Persistent link: https://www.econbiz.de/10013470809
Traditional supply chain inventory modes with trade credit usually only assumed that the up-stream suppliers offered the down-stream retailers a fixed credit period. However, in practice the retailers will also provide a credit period to customers to promote the market competition. In this...
Persistent link: https://www.econbiz.de/10011995819
In practice, the supplier often offers the retailers a trade credit period M and the retailer in turn provides a trade credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer's perspective, granting trade credit not only increases sales and revenue but also...
Persistent link: https://www.econbiz.de/10011640857