Stackelberg Inventory Model under Two Levels of Trade Credit
Usually it is assumed that the supplier would offer a fixed credit period to the retailer but the retailer in turn would not offer any credit period to its customers, which is unrealistic, because in real practice retailer might offer a credit period to its customers in order to stimulate his own demand. Moreover, much of existing EOQ models under a given delay-in-payments tactic consider to decide the optimal order quantity and cycle. This paper proposes Stackelberg game model to get the optimal delay-in-payments tactic as well as optimal ordering police subject to two levels of trade credit. Finally numerical examples are shown to illustrate the results given in the paper.
Qiutan Shen Liang Liang
School of Management, University of Science and Technology of China Hefei, Anhui, China
国际会议
三亚
英文
2084-2088
2009-04-24（万方平台首次上网日期，不代表论文的发表时间）