کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
482284 1446130 2010 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
An integrated vendor–buyer inventory model with order-processing cost reduction and permissible delay in payments
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر علوم کامپیوتر (عمومی)
پیش نمایش صفحه اول مقاله
An integrated vendor–buyer inventory model with order-processing cost reduction and permissible delay in payments
چکیده انگلیسی

Trade credit plays an important role in financing for many businesses and industries. For the buyers, purchased inventory can be considered to be financed in whole or in part with permissible delay in payments during the purchasing process. On the other hand, both the vendor and buyer take part in order-processing cost reduction by applying information technologies, such as EDI (electronic data interchange). The order-processing cost can also be reduced by adding certain capital investments, and this will affect the lot size decisions. This article develops an integrated inventory model to determine the optimal inventory policy under conditions of order-processing cost reduction and permissible delay in payments, and shows that the total annual variable cost function possesses some kinds of convexities. A solution procedure is provided to determine the optimal order policy. Finally, a numerical example is presented to illustrate the solution procedure.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Operational Research - Volume 202, Issue 2, 16 April 2010, Pages 473–478
نویسندگان
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