Soni, Hardik; Shah, Nita H. - In: Indus Journal of Management & Social Science (IJMSS) 2 (2008) 1, pp. 66-76
Trade credit is the most prevailing economic phenomena used by the suppliers for encouraging the retailers to increase their ordering quantity. In this article, an attempt is made to derive a mathematical model to find optimal credit policy and hence ordering quantity to minimize the cost. Even...