An Inventory Model with Finite Replenishment Rate, Trade Credit Policy and Price-Discount Offer
Joint Authors
Sarkar, Biswajit
Chaudhuri, Kripasindhu
Sana, Shib Sankar
Source
Journal of Industrial Engineering
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-18, 18 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-08-24
Country of Publication
Egypt
No. of Pages
18
Main Subjects
Engineering Sciences and Information Technology
Science
Abstract EN
When some suppliers offer trade credit periods and price discounts to retailers in order to increase the demand of their products, retailers have to face different types of discount offers and credits within which they have to take a decision which is the best offer for them to make more profit.
The retailers try to buy perfect-quality items at a reasonable price, and also they try to invest returns obtained by selling those items in such a manner that their business is not hampered.
In this point of view, we consider an economic order quantity (EOQ) model for various types of time-dependent demand when delay in payment and price discount are permitted by suppliers to retailers.
The models of various demand patterns are discussed analytically.
Some numerical examples and graphical representations are considered to illustrate the model.
American Psychological Association (APA)
Sarkar, Biswajit& Sana, Shib Sankar& Chaudhuri, Kripasindhu. 2013. An Inventory Model with Finite Replenishment Rate, Trade Credit Policy and Price-Discount Offer. Journal of Industrial Engineering،Vol. 2013, no. 2013, pp.1-18.
https://search.emarefa.net/detail/BIM-489294
Modern Language Association (MLA)
Sarkar, Biswajit…[et al.]. An Inventory Model with Finite Replenishment Rate, Trade Credit Policy and Price-Discount Offer. Journal of Industrial Engineering No. 2013 (2013), pp.1-18.
https://search.emarefa.net/detail/BIM-489294
American Medical Association (AMA)
Sarkar, Biswajit& Sana, Shib Sankar& Chaudhuri, Kripasindhu. An Inventory Model with Finite Replenishment Rate, Trade Credit Policy and Price-Discount Offer. Journal of Industrial Engineering. 2013. Vol. 2013, no. 2013, pp.1-18.
https://search.emarefa.net/detail/BIM-489294
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-489294