Determination of the optimal ordering policy for the retailer with limited capitals when a supplier offers 2 levels of trade credit

DOI10.1002/MMA.4554zbMATH Open1407.91114OpenAlexW2759996352MaRDI QIDQ3134064FDOQ3134064

Authors Jui-Jung Liao, Kuo-Nan Huang, Shy-Der Lin, Pin-Shou Ting, Kun-Jen Chung, H. M. Srivastava 

Publication date 8 February 2018

Published in Mathematical Methods in the Applied Sciences (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1002/mma.4554

zbMATH Keywords

supply chain managementquantity discountsinventory control and integrated modelmathematical solution proceduresoptimal ordering policytwo-level trade crediteconomic order quantity (EOQ)cash discountsoptimal replenishment cycle timeinventory models and optimization

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Production models (90B30) Microeconomic theory (price theory and economic markets) (91B24)

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Cited in

(10)

• Ordering policies under supplier-retailer partial trade credit financing
• The retailer's optimal ordering policy with trade credit in different financial environments
• Optimal option and fixed order decisions with trade credit consideration
• Mathematical analytic techniques for determining the optimal ordering strategy for the retailer under the permitted trade-credit policy of two levels in a supply chain system
• Retailer's optimal ordering policy under supplier credits
• An accurate and reliable mathematical analytic solution procedure for the EOQ model with non-instantaneous receipt under supplier credits
• Optimal ordering policy for a two-warehouse inventory model use of two-level trade credit
• An ordering policy for deteriorating items with price-dependent iso-elastic demand under permissible delay in payments and price inflation
• The correct proofs for the optimal ordering policy with trade credit under two different payment methods in a supply chain system
• Retailer's optimal ordering policies with trade credit financing

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