An inventory model for single - vendor multi - retailer supply chain under inflationary conditions and trade credit

Maryam Esmaeili · Mehri Nasrabadi

20 citations0/0 files storedJournal of Industrial and Production Engineering

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 Optimization and Mathematical Programming

Abstract

This paper presents an inventory model under inflation for deteriorating items in a single-vendor multi-retailer supply chain. The demand is a function of the retail price. The vendor offers the retailers trade credit. Two scenarios; (i) the changes in the inflation rate as a Discrete-Time Markov Chain and (ii) the changes in the inflation rate without considering Markovian conditions are considered. The relationship between the vendor and the retailers is modeled as a Stackelberg – game (the vendor is the leader and retailers are the followers). The retail price, the number of replenishment cycle, the production rate of vendor and the replenishment frequency of the raw material are obtained by maximizing the present value of the total profit for the vendor and the retailers. The results reveal that in the scenario (i), the present value of the total profits for the vendor and the retailers is greater compared to scenario (ii).

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 — 20 citations exist upstream.

References

2000An inventory model with deteriorating items under inflation when a delay in payment is permissible 2011Trade credit for supply chain coordination 2018Joint pricing and inventory model for deteriorating items with expiration dates and partial backlogging under two-level partial trade credits in supply chain 2003Lot-sizing decisions under trade credit depending on the ordering quantity 2004An inventory model for deteriorating items with stock-dependent consumption rate and shortages under inflation and time discounting 2016Impact of trade credit and inflation on retailer's ordering policies for non-instantaneous deteriorating items in a two-warehouse environment 2007Two storage inventory problem with dynamic demand and interval valued lead-time over finite time horizon under inflation and time-value of money 2014Inventory and credit decisions for time-varying deteriorating items with up-stream and down-stream trade credit financing by discounted cash flow analysis

Cited by

2022Optimal operational and financing portfolio strategies for a capital-constrained closed-loop supply chain with supplier-remanufacturing 2022Deterministic and Stochastic İnventory Models in Production Systems: a Review of the Literature 2021Corporate Cash Holdings and National Culture: Evidence from the Middle East and North Africa Region

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.