EOQ and Optimal Credit Time under Conditions of Permissible Delay in Payments

摘要：

This paper analyzes a simple supply chain consisting of a retailer and a supplier, the latter permits the former a certain fixed period to settle the amount owed to him for the items supplied. Many researches have developed various economic order quantity (EOQ) for the retailer under the assumption that the resale price is equal to the wholesale price. We establish the retailers EOQ model when considering the difference between the resale price and the wholesale price. We then characterize the optimal credit time for the supplier under these conditions.

关键词： Delay in payments EOQ Credit time

作者: Wengui Zhu Zui Xu Daoli Zhu

作者单位: School of Management, Fudan University, Shanghai 200433,China College of Transport & Communications, Shanghai Maritime University, Shanghai 200135,China

会议类型: 国际会议

会议名称: 第三届IEEE无线通讯、网络技术暨移动计算国际会议

会议地点: 上海

会议语种:英文

在线出版日期: 2007-09-21（万方平台首次上网日期，不代表论文的发表时间）