Due to evaporation, obsolescence, spoilage, etc., some products (e.g., fruits, vegetables, pharmaceuticals, volatile liquids, and others) not only deteriorate continuously but also have their expiration dates. To attract new buyers and increase sales, a seller frequently offers its buyers a...

In practice, vendors (or sellers) often offer their buyers a fixed credit period to settle the account. The benefits of trade credit are not only to attract new buyers but also to avoid lasting price competition. On the other hand, the policy of granting a permissible delay adds not only an...

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...

In this paper our previous work on monopoly and oligopoly new product models is extended by the addition of pricing as well as advertising control variables. These models contain Bass's demand growth model, and the Vidale-Wolfe and Ozga advertising models, as well as the production learning...

Liao (2008) presented the optimal retailer's replenishment policies in the EPQ model for deteriorating items with two-level trade credit, in which the retailer receives the supplier trade credit M, and provides the customer trade credit N (NM) simultaneously. In this paper, we extend her EPQ...

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...

In 2007, Huang proposed the optimal retailer's replenishment decisions in the EPQ model under two levels of trade credit policy, in which the supplier offers the retailer a permissible delay period M, and the retailer in turn provides its customer a permissible delay period N (with N  M)....