Determination of the Delay in Payment from the Perspective of Supplier
Delay in payment models have been studied traditionally from the point of view of the buyer (retailer), but not the supplier. These studies focus on the problem of determining the optimal ordering policy for the buyer, given a delay in payment schedule set by the supplier. In this paper, we analyze how a supplier can structure the terms of an optimal delay in payment schedule. Finally numerical examples are shown to illustrate the results given in the paper.
Delay in payment Inventory model Trade credit Game theory
Hao QIU Liang LIANG
Management School,University of Science &Technology of China,96 Jinzhai Road,Anhui,P.R.China
国际会议
北京
英文
2007-05-30(万方平台首次上网日期,不代表论文的发表时间)