Economic order quantity model with trade credit financing for non-decreasing demand

► For today's high-tech products, we develop an EOQ model with increasing demand. ► We characterize the unique optimal solution and then establish several theoretical results. ► To understand, all theoretical results are explained by the economic interpretations. ► In addition, we derive and prove several results, which reveal some managerial insights. ► We provide some examples to illustrate the proposed model and its optimal solution.