Optimal Ordering Policies for Large-scale Retail Enterprises

For Chinese domestic commercial trade,especially when the suppliers want to sell their products by the large-scale retail enterprises,the suppliers often are required to pay the admission fee or to provide trade credit,owing to their own interests,the retailers will choose between the admission fee strategy and the trade credit strategy.Based on the EOQ framework,the algorithm of making choice between the admission fee strategy and the trade credit strategy provided by the suppliers to minmize the retailers’ cost was given.Finally,the algorithm is stimulated with a numerical example.