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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/21765

    Title: Optimal order quantity with trade credit under advanced booking discount program
    Authors: 歐陽良裕;Ouyang, Liang-Yuh;Cheng, Mei-Chuan;Teng, Jinn-Tsair
    Contributors: 淡江大學經營決策學系
    Keywords: Inventory;ABD program;Trade credit;Prior-sales discount rate;Finance
    Date: 2007-06
    Issue Date: 2009-11-30 13:40:24 (UTC+8)
    Publisher: Taipei: Tamkang University
    Abstract: In reality, the supplier frequently provides its retailers a permissible delay in payments in order to increase its sales. Meanwhile, the retailer often offers its customers an "advance booking discount" (ABD) program, which provides numerous benefits such as gaining additional discriminative customers, increasing profit from interest earned by the pre-committed and pre-paid money, and others. In this article, we establish an inventory model for a retailer who simultaneously receives a permissible delay in payments from its supplier, and offers an ABD program to its customers. We first establish a proper model, and then provide an easy-to-use method to obtain the optimal order quantity and prior-sales discount rate for the retailer to achieve its maximum total profit per unit time. Finally, several numerical examples are given to illustrate the solution procedure.
    Relation: 2007 年管理科學與經營決策國際學術研討會論文集=Proceedings of the 2007 International Conference in Management Sciences and Decision Making, pp.275-300
    Appears in Collections:[管理科學學系暨研究所] 會議論文

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