The Optimal Ordering Policy with Multiple Periods under Two-echelon Trade Credit

摘要：

When suppliers bring out a new product, they often allow the retailers to pay for it at the reorder point (it is one term of trade credit). Moreover, the retailers also offer the customers the trade credit in order to extend the market of this product. So this paper describes an EOQ model with multiple periods and different demand rate under two -echelon trade credit in which the supplier allows the retailer to pay at the reorder point and the retailer offers a certain permissible delay period to the customer. Then, the retailer’s inventory system is investigated as a cost minimization problem to determine the retailer’s optimal ordering policy. Finally a numerical example is given to verify the validity of the model.

关键词： EOQ Inventory Trade credit

作者: Fang Ding Gengxin Dai Xiaojian Zhang Xueling Jiang

作者单位: Management Science and Engineering department,Qingdao University, Qingdao, CHINA Management Science and Engineering　department, Qingdao University, Qingdao, CHINA

会议类型: 国际会议

会议名称: 2010 IEEE International Conference on Service Operations and Logistics,and Informations(2010 IEEE 服务、运筹、物流与信息化国际研讨会)

会议地点: 青岛

会议语种:英文

页码: 230-235

在线出版日期: 2010-07-15（万方平台首次上网日期，不代表论文的发表时间）