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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/102867


    Title: An integrated inventory model with capacity constraint and order-size dependent trade credit
    Authors: Ouyang, Liang-Yuh;Ho, Chia-Huei;Su, Chia-Hsien;Yang, Chih-Te
    Contributors: 淡江大學管理科學學系
    Keywords: Inventory;Integrated model;Order-size dependent trade credit;Capacity constraint
    Date: 2015-06-01
    Issue Date: 2015-05-08 11:54:36 (UTC+8)
    Publisher: Kidlington: Pergamon Press
    Abstract: Trade credit has many forms in today’s business practice. The most common form of trade credit policy that is used to encourage retailers to buy larger quantities is order-size dependent. When the number of ordered units exceeds the capacity of the own warehouse, an additional rented warehouse is required to store the excess units. Therefore, to incorporate the concept of order-size dependent trade credit and limited storage capacity, we proposed an integrated inventory model with capacity constraint and a permissible delay payment period that is order-size dependent. In addition, the unit production cost, which is a function of the production rate, is considered. Three theorems and an algorithm are developed to determine the optimal production and replenishment policies for both the supplier and the retailer. Finally, numerical examples are presented to illustrate the solution procedure and the sensitivity analyses of some key parameters are provided to demonstrate the proposed model.
    Relation: Computers & Industrial Engineering 84, pp.133–143
    DOI: 10.1016/j.cie.2014.12.035
    Appears in Collections:[Department of Management Sciences] Journal Article

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