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    題名: An economic order quantity model for deteriorating items with partially permissible delay in payments linked to order quantity
    作者: Ouyang, Liang-Yuh;Teng, Jinn-Teng;Goyal, Suresh Kumar;Yang, Chih-Te
    貢獻者: 淡江大學經營決策學系
    關鍵詞: Inventory;EOQ;Trade credits;Partially permissible delay in payment;Finance
    日期: 2009-04-16
    上傳時間: 2009-11-30 12:30:33 (UTC+8)
    出版者: Amsterdam: Elsevier BV * North-Holland
    摘要: To attract more sales suppliers frequently offer a permissible delay in payments if the retailer orders more than or equal to a predetermined quantity W. In this paper, we generalize [Goyal, S.K., 1985. EOQ under conditions of permissible delay in payments. Journal of the Operational Research Society 36, 335–338] economic order quantity (EOQ) model with permissible delay in payment to reflect the following real-world situations: (1) the retailer’s selling price per unit is significantly higher than unit purchase price, (2) the interest rate charged by a bank is not necessarily higher than the retailer’s investment return rate, (3) many items such as fruits and vegetables deteriorate continuously, and (4) the supplier may offer a partial permissible delay in payments even if the order quantity is less than W. We then establish the proper mathematical model, and derive several theoretical results to determine the optimal solution under various situations and use two approaches to solve this complex inventory problem. Finally, a numerical example is given to illustrate the theoretical results.
    關聯: European Journal of Operational Research 194(2), pp.418-431
    DOI: 10.1016/j.ejor.2007.12.018
    顯示於類別:[管理科學學系暨研究所] 期刊論文

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