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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/20707

    Title: Economic order quantity and optimal payment time under supplier credit
    Authors: Chang, Chun-tao;Wu, Shuo-jye
    Contributors: 淡江大學統計學系
    Keywords: Inventory;Delay Payments
    Date: 2002-09-01
    Issue Date: 2009-11-30 12:57:15 (UTC+8)
    Publisher: Analytic Publishing
    Abstract: In today's business transactions, the buyer is allowed a permissible period to pay back the cost of products bought without paying any interest. The buyer can either pay the supplier at the end of the permissible period or incur interest charges on the unpaid balance after this permissible period. This paper seLs up a mathematical model to determine an optimal payment period and inventory length of the buyer which minimize the total cost of the inventory system. Furthermore, we find two theorems to characterize the optimal solution. Finally, two numerical examples are discussed to illustrate these theorems.
    Relation: Journal of information & optimization sciences 23(3), pp.551-561
    DOI: 10.1080/02522667.2002.10699545
    Appears in Collections:[管理科學學系暨研究所] 期刊論文
    [統計學系暨研究所] 期刊論文

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