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
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