A two-warehouse partial backlogging inventory model for deteriorating items with permissible delay in payment under inflation

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题名:	A two-warehouse partial backlogging inventory model for deteriorating items with permissible delay in payment under inflation
作者:	Yang, Hui-Ling;Chang, Chun-Tao
贡献者:	淡江大學統計學系
关键词:	Two-warehouse;Partial backlogging;Deterioration;Permissible delay in payment;Inflation
日期:	2013-03
上传时间:	2014-03-18 12:39:26 (UTC+8)
出版者:	New York: Elsevier Inc.
摘要:	In the business transactions, the supplier usually offers a permissible delay in payment to his retailer to attract more sales. In addition, a permissible delay in payment may be applied as an alternative to price discount. Based on the above phenomena, we incorporate a permissible delay in payment into the model of Yang [1] and develop a two-warehouse partial backlogging inventory model for deteriorating items with permissible delay in payment under inflation. The objective of this study is to derive the retailer’s optimal replenishment policy that maximizes the net present value of the profit per unit time. The necessary and sufficient conditions for an optimal solution are characterized. An algorithm is developed to find the optimal solution. Finally, numerical examples are provided to illustrate the proposed model. Sensitivity analysis is made and some managerial implications are presented.
關聯:	Applied Mathematical Modelling 37(5), pp.2717–2726
DOI:	10.1016/j.apm.2012.05.008
显示于类别:	[統計學系暨研究所] 期刊論文

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