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to expand output and exploit all scale economies that the production technology allows. With access to finance problems …
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This study models a finite horizon inventory problem for deteriorating and fashion goods under trade credit and partial … and inventory decisions. In other words, it determines both the optimal prices and the lengths of the in-stock and stock …
Persistent link: https://www.econbiz.de/10010759287
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...
Persistent link: https://www.econbiz.de/10010738158
In this study, we develop a deteriorating inventory system consisting of one supplier and one buyer. The system …
Persistent link: https://www.econbiz.de/10010869140
demand. With a stock-dependent demand, it is desirable to have non-zero ending inventory due to potential profit resulting … from the increased demand. However, Soni 2013. Int. J. Prod. Econ., 146 (1), 259–268 treated those ending inventory as …) selling those ending inventory as salvages, and (ii) considering all possible replenishment cycle time, which may be shorter …
Persistent link: https://www.econbiz.de/10011043303
an inventory-dependent demand. The supplier hopes to incentive the retailer to order more items by offering trade credit …
Persistent link: https://www.econbiz.de/10011052590
In 2014, Wang et al. (2014) extended the model of Lou and Wang (2012) to incorporate the credit period dependent demand and default risk for deteriorating items with maximum lifetime. However, the rates of demand, default risk and deterioration in the model of Wang et al. (2014) are assumed to...
Persistent link: https://www.econbiz.de/10011052745
the retailer in turn provides a trade credit of R periods to her/his buyer to stimulate sales and reduce inventory. From …
Persistent link: https://www.econbiz.de/10011052781