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In this study, we develop a deteriorating inventory system consisting of one supplier and one buyer. The system …
Persistent link: https://www.econbiz.de/10010869140
demand. With a stock-dependent demand, it is desirable to have non-zero ending inventory due to potential profit resulting … from the increased demand. However, Soni 2013. Int. J. Prod. Econ., 146 (1), 259–268 treated those ending inventory as …) selling those ending inventory as salvages, and (ii) considering all possible replenishment cycle time, which may be shorter …
Persistent link: https://www.econbiz.de/10011043303
deterministic inventory model is developed for deteriorating items under the above situation. Second, this study demonstrates that …
Persistent link: https://www.econbiz.de/10010572521
In practice, in order to reduce default risks with credit-risk customers, a seller (e.g., a manufacturer or a retailer) frequently requests its credit-risk customers to pay a fraction of the purchase amount at the time of placing an order as collateral deposit, and then grants a permissible...
Persistent link: https://www.econbiz.de/10010906432
.g., permissible delay in payment). Trade credit reduces the buyer's holding cost of inventory and hence attracts new buyers who …
Persistent link: https://www.econbiz.de/10010906450
In practice, vendors (or sellers) often offer their buyers a fixed credit period to settle the account. The benefits of trade credit are not only to attract new buyers but also to avoid lasting price competition. On the other hand, the policy of granting a permissible delay adds not only an...
Persistent link: https://www.econbiz.de/10010665774
Trade credit financing is increasingly recognized as an important strategy to increase profitability in Inventory …
Persistent link: https://www.econbiz.de/10011043384
items may be produced. Furthermore, it is well-known that the total production-inventory costs can be reduced by reworking …
Persistent link: https://www.econbiz.de/10010678874
trade-off between single and multiple sourcing, as well as keeping inventory and having a back-up supplier. The results …
Persistent link: https://www.econbiz.de/10010869054
A great number of models have been proposed to investigate the deterioration inventory. However, most of models assume …
Persistent link: https://www.econbiz.de/10010869056