The complete solution procedures for the mathematical analysis of some families of optimal inventory models with order-size dependent trade credit and deterministic and constant demand

DOI10.1016/J.AMC.2012.06.001MaRDI QIDQ2249015zbMATH OpenOpenAlexFDO

Authors Kun-Jen Chung, Shy-Der Lin, H. M. Srivastava

Publication date 27 June 2014

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2012.06.001

zbMATH Keywords

supply chain managementtrade creditdelay in paymentsdeteriorating itemsoptimization techniquescash discountmathematical solution proceduresinventory models and optimal inventory policies

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 3774661 (Why is no real title available?)
• Economic Order Quantity under Conditions of Permissible Delay in Payments
• Optimal replenishment and payment policies in the EOQ model under cash discount and trade credit
• The optimal production cycle time in an integrated production-inventory model for decaying raw materials

Cited in

(6)

• A unified presentation of inventory models under quantity discounts, trade credits and cash discounts in the supply chain management
• Bounds for the solution to the single-period inventory model with compound renewal process input: an application to setting credit card limits
• Lot-sizing policies for deterioration items under two-level trade credit with partial trade credit to credit-risk retailer and limited storage capacity
• Strategic conditions for opening an internet store and pricing policies in a retailer-dominant supply chain
• The complete proof on the optimal ordering policy under cash discount and trade credit
• The algorithm for the optimal cycle time and pricing decisions for an integrated inventory system with order-size dependent trade credit in supply chain management

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