An inventory model with trade-credit policy and variable deterioration for fixed lifetime products

Biswajit Sarkar (), Sharmila Saren and Leopoldo Cárdenas-Barrón

Annals of Operations Research, 2015, vol. 229, issue 1, 677-702

Abstract: The purpose of this study is two-fold. The first is to consider supplier’s and retailer’s trade-credit policy for fixed lifetime products and the second is to extend Mahata’s 2012 model with time varying deterioration where Mahata (Expert Syst Appl 39(3):3537–3550, 2012 ) wrote exponential deterioration but actually he considered constant deterioration. We assume that the suppliers offer full trade-credit to retailers but retailers offer partial trade-credit to their customers. Some numerical examples along with graphical representations are given to illustrate the model. Copyright Springer Science+Business Media New York 2015

Keywords: Inventory; Trade-credit policy; Variable deterioration; Fixed lifetime (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (27)

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DOI: 10.1007/s10479-014-1745-9

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