An inventory model with trade-credit policy and variable deterioration for fixed lifetime products

被引:0
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作者
Biswajit Sarkar
Sharmila Saren
Leopoldo Eduardo Cárdenas-Barrón
机构
[1] Hanyang University,Department of Industrial and Management Engineering
[2] Vidyasagar University,Department of Applied Mathematics with Oceanology and Computer Programming
[3] Tecnológico de Monterrey,Department of Industrial and Systems Engineering, School of Engineering
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关键词
Inventory; Trade-credit policy; Variable deterioration; Fixed lifetime;
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学科分类号
摘要
The purpose of this study is two-fold. The first is to consider supplier’s and retailer’s trade-credit policy for fixed lifetime products and the second is to extend Mahata’s 2012 model with time varying deterioration where Mahata (Expert Syst Appl 39(3):3537–3550, 2012) wrote exponential deterioration but actually he considered constant deterioration. We assume that the suppliers offer full trade-credit to retailers but retailers offer partial trade-credit to their customers. Some numerical examples along with graphical representations are given to illustrate the model.
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页码:677 / 702
页数:25
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