In this paper, we extend the inventory lot-size model introduced in Ghosh and Chaudhuri (2006) to allow for partial backlogging. In addition, we also relax their assumptions of equal replenishment cycles and constant shortage lengths. For any given number of replenishment cycles, we show that...

Trade credit financing is increasingly recognized as an important strategy to increase profitability in Inventory Management. We revisit an economic order quantity model under conditionally permissible delay in payments, in which the supplier offers the retailer a fully permissible delay of M...