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  • 标题:Optimal Ordering and Trade Credit Policy for EOQ
  • 本地全文:下载
  • 作者:Hardik Soni ; Nita H. Shah
  • 期刊名称:Indus Journal of Management & Social Sciences
  • 印刷版ISSN:1992-8319
  • 电子版ISSN:2075-6844
  • 出版年度:2008
  • 卷号:2
  • 期号:1
  • 页码:66-76
  • 出版社:Indus Institute of Higher Education
  • 摘要:Trade credit is the most prevailing economic phenomena used by the suppliers for encouraging the retailers to increase their ordering quantity. In this article, an attempt is made to derive a mathematical model to find optimal credit policy and hence ordering quantity to minimize the cost. Even though, credit period is offered by the supplier, both parties (supplier and retailer) sit together to agree upon the permissible credit for settlement of the accounts by the retailer. A numerical example is given to support the analytical arguments
  • 关键词:Trade Credit; Optimal ordering quantity; Lot-size
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