期刊名称：Current Journal of Applied Science and Technology
印刷版ISSN：2457-1024
出版年度：2013
卷号：3
期号：1
页码：160-173
语种：English
出版社：Sciencedomain International
摘要：A joint optimal policy for the vendor and the buyer is analyzed when units in inventory are subject to deterioration and demand is trapezoidal. It is shown numerically that the joint venture reduces the total joint cost significantly when compared with the independent decision of both the players. To entice the buyer to place orders of larger size, a permissible credit period is offered by the vendor to the buyer. A negotiation factor is incorporated to share the benefits of cost savings.
