IDEAS home Printed from https://ideas.repec.org/a/wsi/apjorx/v22y2005i02ns0217595905000546.html
   My bibliography  Save this article

The Effect Of Credit Period On The Optimal Lot Size For Deteriorating Items With Time Varying Demand And Deterioration Rates

Author

Listed:
  • HORNG-JINH CHANG

    (Graduate Institute of Management Sciences, Tamkang University, Tamsui, Taipei, Taiwan 25173, ROC)

  • CHUNG-YUAN DYE

    (Department of Business Administration, Shu-Te University, Yen Chau Kaohsiung, Taiwan, 824, ROC)

Abstract

In this paper, we present an inventory model for deteriorating items with time varying demand and deterioration rates when the credit period depends on the retailer's ordering quantity. We also provide simple solution procedures for finding the optimal replenishment period and show in a rigorous way that the policy suggested is indeed optimal. Further, we use numerical examples to illustrate the model and conclude the paper with suggestions for possible future research.

Suggested Citation

  • Horng-Jinh Chang & Chung-Yuan Dye, 2005. "The Effect Of Credit Period On The Optimal Lot Size For Deteriorating Items With Time Varying Demand And Deterioration Rates," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 22(02), pages 211-227.
  • Handle: RePEc:wsi:apjorx:v:22:y:2005:i:02:n:s0217595905000546
    DOI: 10.1142/S0217595905000546
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0217595905000546
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S0217595905000546?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dye, Chung-Yuan & Yang, Chih-Te, 2015. "Sustainable trade credit and replenishment decisions with credit-linked demand under carbon emission constraints," European Journal of Operational Research, Elsevier, vol. 244(1), pages 187-200.

    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:wsi:apjorx:v:22:y:2005:i:02:n:s0217595905000546. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/apjor/apjor.shtml .

    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.