To increase sales and reduce default risks, a supplier may offer its retailers either: 1) a cash discount; 2) a fixed credit period M if the order quantity is greater than or equal to a predetermined quantity W. Likewise, a retailer in turn offers its customers a credit period N, which has a...

Soni 2013. Int. J. Prod. Econ., 146 (1), 259–268 proposed optimal replenishment policies for non-instantaneous deteriorating items (i.e., the product starts deteriorating after a period of no-deterioration) with price and stock sensitive demand. With a stock-dependent demand, it is desirable...

To attract more sales suppliers frequently offer a permissible delay in payments if the retailer orders more than or equal to a predetermined quantity W. In this paper, we generalize [Goyal, S.K., 1985. EOQ under conditions of permissible delay in payments. Journal of the Operational Research...

Trade credit financing plays a vital role in current business operations. Vendors extend payment dates to encourage sales, and buyers are not required to pay immediately after receiving products. This is equivalent to receiving a price reduction. Besides, buyers reduce their need for capital...