• DocumentCode
    536491
  • Title

    Retailer´s Optimal Replenishment Policy with Defective Products under Cash Discount and Two-Level Trade Credit

  • Author

    Feng, Hairong ; Li, Jun ; Zeng, Ying

  • Author_Institution
    Sch. of Econ. & Manage., Southwest Jiaotong Univ., Chengdu, China
  • fYear
    2010
  • fDate
    7-9 Nov. 2010
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    In this paper, we want to investigate the retailer´s optimal replenishment policy with defective items under cash discount and two levels of trade credit policy. Mathematical models have been derived for determining the retailer´s optimal inventory cycle time so that the annual total profit is maximized. Finally, numerical examples are given to illustrate the theorem and obtain some managerial phenomena.
  • Keywords
    credit transactions; retail data processing; cash discount; defective products; managerial phenomena; mathematical models; retailer optimal replenishment policy; two-level trade credit; Biological system modeling; Delay; Industrial economics; Integrated circuits; Marketing and sales; Mathematical model;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
  • Conference_Location
    Henan
  • Print_ISBN
    978-1-4244-7159-1
  • Type

    conf

  • DOI
    10.1109/ICEEE.2010.5660188
  • Filename
    5660188