Title of article
The simplified solution procedures for the optimal replenishment decisions under two levels of trade credit policy depending on the order quantity in a supply chain system
Author/Authors
Chung، نويسنده , , Kun-Jen Chung، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2011
Pages
5
From page
13482
To page
13486
Abstract
Kreng and Tan [Kreng, V. B. & Tan, S. J. (2010). The optimal replenishment decisions under two levels of trade credit policy depending on the order quantity. Expert Systems with Applications 37, 5514–5522] explore the optimal replenishment decisions under two levels of trade credit policy depending on the order quantity. Their inventory model is new and interesting. However, this paper indicates that their solution procedures can be improved further. So, the main purpose of this paper is to incorporate and simplify them for Kreng and Tan (2010).
Keywords
Two levels of trade credit , Delay in payments , inventory
Journal title
Expert Systems with Applications
Serial Year
2011
Journal title
Expert Systems with Applications
Record number
2350427
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