THE EPQ MODEL WITH DETERIORATING ITEMS UNDER TWO LEVELS OF TRADE CREDIT IN A SUPPLY CHAIN SYSTEM

被引:5
|
作者
Ting, Pin-Shou [1 ]
机构
[1] Shih Chien Univ, Dept Int Business Management, Taipei, Taiwan
关键词
Inventory; EPQ; trade credit; deteriorating items; permissible delay in payments; MANUFACTURERS REPLENISHMENT POLICIES; RETAILERS ORDERING POLICIES; PERMISSIBLE DELAY; EOQ MODEL; INVENTORY MODEL; UP-STREAM; DEPENDENT DEMAND; DECISIONS; QUANTITY; PRICE;
D O I
10.3934/jimo.2015.11.479
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
There are two kinds of two levels of trade credit policies addressed by Huang [15] and Teng [29], respectively. Liao [21] presents the EPQ model with deteriorating items under two-level trade credit policy from the viewpoint of Huang H while Chang, Teng and Chern [2] discuss the model from the viewpoint of Teng [29]. However, errors are found in the process of the modeling in Chang et al. [2]. The main purpose of this study is to improve the model of Chang et al. [2] and develop a more general EPQ inventory model. A theorem is also provided for practitioners to make right decisions.
引用
收藏
页码:479 / 492
页数:14
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