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