Chang, Chun-Tao; Teng, Jinn-Tsair - In: Mathematical Methods of Operations Research 60 (2004) 3, pp. 471-483
In the traditional inventory economic order quantity (or EOQ) model, it was assumed that the customer must pay for the items as soon as the items are received. However, in practices, the supplier frequently offers a cash discount and/or a permissible delay to the customer especially when the...
