Teng, Jinn-Tsair; Min, Jie; Pan, Qinhua - In: Omega 40 (2012) 3, pp. 328-335
Researchers in the past have established their inventory lot-size models under trade credit financing by assuming that the demand rate is constant. However, from a product life cycle perspective, it is only in the maturity stage that demand is near constant. During the growth stage of a product...