The optimal ordering time interval under trade credit financing

被引：0

作者：

Tu, Yu-Cheng ^{[1
]}

Chung, Kun-Jen ^{[2
]}

Huang, Yung-Fu ^{[1
]}

Hwang, Ming-Horng ^{[1
]}

机构：

[1] Chaoyang Univ Technol, Dept Mkt & Logist Managment, 168,Jifong E Rd Wufong Township, Taichung Cty 41349, Taiwan

[2] Chung Yuan Christian Univ, Dept Informat Management, Taoyuan, Taiwan

来源：

JOURNAL OF INFORMATION & OPTIMIZATION SCIENCES | 2009年 / 30卷 / 01期

关键词：

EOQ; permissible delay in payments; trade credit;

D O I：

10.1080/02522667.2009.10699870

中图分类号：

G25 [图书馆学、图书馆事业]; G35 [情报学、情报工作];

学科分类号：

1205 ; 120501 ;

摘要：

This paper discusses the economic order quantity (EOQ) under conditions of permissible delay in payments. In 1985, Goyal assumes that the unit selling price and the unit purchasing price are equal. This view is debatable sometimes. The main purpose of this paper is to modify Goyal's model to allow the unit selling price and the unit purchasing price not necessarily be equal to reflect the real-life situations. A modified inventory model is developed. Furthermore, three theorems are developed to efficiently determine the optimal cycle time and the optimal order quantity. Goyal's model is considered as a special case. Numerical examples are given to illustrate these theorems.

引用

页码：135 / 155

页数：21