An EOQ model for deteriorating items under supplier credits linked to ordering quantity

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题名:	An EOQ model for deteriorating items under supplier credits linked to ordering quantity
作者:	Chang, Chun-Tao;Ouyang, Liang-Yuh;Teng, Jinn-Tsair
贡献者:	淡江大學統計學系
关键词:	Inventory;Finance;Lot-size;Delay payments;Deteriorating items
日期:	2003-12
上传时间:	2013-06-07 10:36:24 (UTC+8)
出版者:	New York: Modelling Elsevier Inc.
摘要:	In the classical inventory economic order quantity (or EOQ) model, it was assumed that the purchaser must pay for the items received immediately. However, in practices, the supplier usually is willing to provide the purchaser a permissible delay of payments if the purchaser orders a large quantity. As a result, in this paper, we establish an EOQ model for deteriorating items, in which the supplier provides a permissible delay to the purchaser if the order quantity is greater than or equal to a predetermined quantity. We then characterize the optimal solution and provide an easy-to-use algorithm to find the optimal order quantity and replenishment time. Finally, several numerical examples are given to illustrate the theoretical results.
關聯:	Applied Mathematical Modelling 27(12), pp.983-996
DOI:	10.1016/S0307-904X(03)00131-8
显示于类别:	[統計學系暨研究所] 期刊論文

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