Analysis of credit linked demand in an inventory model with varying ordering cost

Ateka Banu · Shyamal Kumar Mondal

21 citations0/0 files storedSpringerPlus

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 this paper, we have considered an economic order quantity model for deteriorating items with two-level trade credit policy in which a delay in payment is offered by a supplier to a retailer and also an another delay in payment is offered by the retailer to his/her all customers. Here, it is proposed that the demand function is dependent on the length of the customer's credit period and also the duration of offering the credit period. In this article, it is considered that the retailer's ordering cost per order depends on the number of replenishment cycles. The objective of this model is to establish a deterministic EOQ model of deteriorating items for the retailer to decide the position of customers credit period and the number of replenishment cycles in finite time horizon such that the retailer gets the maximum profit. Also, the model is explained with the help of some numerical examples.

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 — 21 citations exist upstream.

References

1985Economic Order Quantity under Conditions of Permissible Delay in Payments 1986A JOINT ECONOMIC‐LOT‐SIZE MODEL FOR PURCHASER AND VENDOR 1995Ordering Policies of Deteriorating Items under Permissible Delay in Payments 1963A model for an exponentially decaying inventory 1997An ordering policy for deteriorating items with allowable shortage and permissible delay in payment 2003Optimal retailer's ordering policies in the EOQ model under trade credit financing 1997Retailer's pricing and lot sizing policy for exponentially deteriorating products under the condition of permissible delay in payments 2000An inventory model with deteriorating items under inflation when a delay in payment is permissible

Cited by

2020An imperfect production inventory model with advance payment and credit period in a two-echelon supply chain management 2022A production-reliability-inventory model for a series-parallel system with mixed strategy considering shortage, warranty period, credit period in crisp and stochastic sense 2016Pricing policy for declining demand using item preservation technology

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.