The retailer’s optimal ordering policy with trade credit in different financial environments | |
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學年 | 100 |
學期 | 2 |
出版(發表)日期 | 2012-05-01 |
作品名稱 | The retailer’s optimal ordering policy with trade credit in different financial environments |
作品名稱(其他語言) | |
著者 | Cheng, Mei-Chuan; Chang, Chun-Tao; Ouyang, Liang-Yuh |
單位 | 淡江大學統計學系 |
出版者 | Elsevier Inc. |
著錄名稱、卷期、頁數 | Applied Mathematics and Computation |
摘要 | In business transactions, it is quite common for the supplier to offer the retailer a permissible delay in payments in order to stimulate the demand of the retailer. The retailer can either pay off all accounts at the end of the credit period or delay incurring interest charges on the unpaid and overdue balance due to the difference between interest earned and interest charged. In this study, we consider different financial environments when the supplier provides a permissible delay in payments. The proper mathematical models are developed to find the optimal order quantity and payoff time for maximizing the retailer’s total profit for each financial environment. Furthermore, two theorems are established to determine the optimal solutions. Finally, numerical examples are presented to illustrate the proposed model. A sensitivity analysis is performed and economic interpretations are proposed. |
關鍵字 | Inventory; Permissible delay in payments; Trade credit; Finance |
語言 | en_US |
ISSN | 0096-3003; 1873-5649 |
期刊性質 | 國外 |
收錄於 | SCI |
產學合作 | |
通訊作者 | Chang, C.-T. |
審稿制度 | 是 |
國別 | USA |
公開徵稿 | |
出版型式 | 紙本 電子版 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/89035 ) |