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Recently, the enterprises, from a financial perspective, have been seeing that need of the integrating with others with trade credit policies as a promising issue for savings in the supply chain. In this direction, this paper establishes a new economic production quantity (EPQ) inventory model...
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This study deals with the order-processing cost reduction and permissible delay in payments problem in the single-vendor single-buyer integrated inventory model. We consider that the order-processing cost can be reduced at an extra crashing cost, which varies with the reduction in the...
Persistent link: https://www.econbiz.de/10008869578
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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Cheng et al. (Top, <CitationRef CitationID="CR1">2010</CitationRef>. doi:<ExternalRef> <RefSource>10.1007/s11750-08-0062-3</RefSource> <RefTarget Address="10.1007/s11750-08-0062-3" TargetType="DOI"/> </ExternalRef>) consider the optimal ordering policy with trade credit under two different payment methods. Under Assumption (5) by Cheng et al., the annual total relevant cost TRC(T) is only defined on a finite interval. However, Cheng et al. treat the...</refsource></externalref></citationref>
Persistent link: https://www.econbiz.de/10010995312
Chung and Huang (2007) designed recently a two-warehouse inventory model for deteriorating items when the supplier offers the retailer a delay period and in turn the retailer provides a delay period to their customers. They assumed that the stocks of RW are transported to OW via a continuous...
Persistent link: https://www.econbiz.de/10011043408
This note not only indicates incompleteness of both Theorems 2 and 3 in Teng et al. (2012) [1] but also presents correct modifications for them.
Persistent link: https://www.econbiz.de/10011051864
This study attempts to determine economic order quantity for deteriorating items with two-storage facilities (one is an owned warehouse and the other is a rented warehouse) where trade credit is linked to order quantity. As assumed herein, payment delays depend on the quantity ordered, when the...
Persistent link: https://www.econbiz.de/10010572521
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