The inventory literature is replete with claims on business strategy to maximize operational efficiency and customers' goodwill regarding the quality of products. A service system is composed of a number of entities, such as inventory of resources, trade credit financing, and the prediction of...

Trade credit financing is increasingly recognized as an important strategy to increase profitability in Inventory Management. We revisit an economic order quantity model under conditionally permissible delay in payments, in which the supplier offers the retailer a fully permissible delay of M...