IDEAS home Printed from https://ideas.repec.org/a/ids/ijmore/v2y2010i1p17-39.html
   My bibliography  Save this article

Optimal retailer replenishment decisions in the EPQ model for deteriorating items with two level of trade credit financing

Author

Listed:
  • A. Goswami
  • G.C. Mahata
  • Om Prakash

Abstract

This paper deals with the problem of determining the optimal retailer's replenishment decisions for deteriorating items under two levels of trade credit policy within the economic production quantity framework. We assume that the supplier would offer the retailer a delay period and the retailer also adopts the trade credit policy to stimulate his/her customer demand to develop the retailer's replenishment model. Then, we investigate the retailer's inventory system for deteriorating items as a cost minimisation problem to determine the retailer's optimal inventory policy and it has been proved that there exists a unique optimal cycle time to minimise the annual total variable cost for the retailer. In addition, two theorems are developed to efficiently determine the optimal ordering policies for the retailer. Some previously published results of other authors will be special cases of this paper. Finally, numerical examples are used to illustrate all results obtained in this paper.

Suggested Citation

  • A. Goswami & G.C. Mahata & Om Prakash, 2010. "Optimal retailer replenishment decisions in the EPQ model for deteriorating items with two level of trade credit financing," International Journal of Mathematics in Operational Research, Inderscience Enterprises Ltd, vol. 2(1), pages 17-39.
    • Handle: RePEc:ids:ijmore:v:2:y:2010:i:1:p:17-39
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=29688
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijmore:v:2:y:2010:i:1:p:17-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=320 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.