Optimal Ordering Policies with Time-Varying and Inventory-Dependent Demand Under Trade Credit Financing

被引：0
|
作者：
Wu, Cheng-feng [1 ]
Zhao, Qiu-hong [1 ]
机构：
[1] Beihang Univ, Sch Econ & Management, Beijing, Peoples R China
来源：
PROCEEDINGS OF THE 6TH INTERNATIONAL ASIA CONFERENCE ON INDUSTRIAL ENGINEERING AND MANAGEMENT INNOVATION: CORE THEORY AND APPLICATIONS OF INDUSTRIAL ENGINEERING, VOL 1 | 2016年
关键词：
Permissible delay in payments; Time-varying and inventory dependent demand; Trade credit; PERMISSIBLE DELAY; DETERIORATING ITEM; QUADRATIC DEMAND; EOQ MODEL; PAYMENTS; QUANTITY;
D O I：
10.2991/978-94-6239-148-2_42
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
The paper develops an Economic Order Quantity (EOQ) model with current inventory-dependent and linearly increasing time-varying demand under trade credit financing, which is suitable for the growth stage of a product life cycle. The cost function of the model is minimized. An efficient solution procedure is shown for determine the optimal ordering interval of the model. Finally, numerical examples are presented to illustrate the optimization procedure and the sensitivity analysis is also examined for changes in the partial parameters. Furthermore, it deduces some previous published results as the special cases of the proposed models.
引用
收藏
页码：423 / 435
页数：13
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