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credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer’s perspective, granting trade …’s inventory system as a profit maximization problem to determine the retailer’s optimal replenishment decisions under the supply …
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paper attempts to develop the retailer’s inventory model with the effect of order cancelations during advance sales period … which is accounted from the buying time rather than the start period of inventory sales. This accounts for significant … derived in mathematical theorems are implemented in numerical examples and sensitivity analyses on several inventory …
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