An inventory model for deteriorating items under the condition of permissible delay in payments

Horng‐Jinh Chang · Chung-Yuan Dye · Bor-Ren Chuang

25 citations0/0 files storedYugoslav journal of operations research

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Supply Chain and Inventory Management Sustainable Supply Chain Management Working Capital and Financial Performance

Abstract

In economic order quantity (EOQ) models, it is often assumed that the payment of an order is made on the receipt of items by the inventory system. However, such an assumption is not quite practical in the real world. Under most market behaviors, it can be easily found that a vendor provides a credit period for buyers to stimulate demand. In this paper, a varying rate of determination and the condition of permissible delay in payments used in conjunction with the economic order quantity model are the focus of discussion. Numerical examples are presented to illustrate the proposed models.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 25 citations exist upstream.

References

1985Economic Order Quantity under Conditions of Permissible Delay in Payments 1995Ordering Policies of Deteriorating Items under Permissible Delay in Payments 1997An ordering policy for deteriorating items with allowable shortage and permissible delay in payment 1981(T, Si) Policy Inventory Model for Deteriorating Items with Time Proportional Demand 1997Retailer's pricing and lot sizing policy for exponentially deteriorating products under the condition of permissible delay in payments 1975Optimum production lot size model for a system with deteriorating inventory 1974A Generalized EOQ Model for Items with Weibull Distribution Deterioration 1998A theorem on the determination of economic order quantity under conditions of permissible delay in payments

Cited by

2007AN EOQ MODEL WITH LIMITED STORAGE CAPACITY UNDER TRADE CREDITS 2019An inventory planning problem for time-varying linear demand and parabolic holding cost with salvage value 2005RETAILER'S INVENTORY POLICY UNDER SUPPLIER'S PARTIAL TRADE CREDIT POLICY 2014Economic production quantity model with trade credit financing and price-discount offer for non-decreasing time varying demand pattern

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.