OUYANG, LIANG-YUH; WU, KUN-SHAN; YANG, CHIH-TE - In: Asia-Pacific Journal of Operational Research (APJOR) 24 (2007) 04, pp. 575-592
In the classical economic order quantity (EOQ) inventory model, it was assumed that the retailer must pay for the received items immediately. However, in practice, the supplier not only allows retailer to settle the account after a certain fixed period but also may offer a cash discount to...