Deteriorating inventory model with advance-cash-credit payment schemes and partial backlogging

被引:0
作者
Chang, Chun-Tao [1 ]
Cheng, Mei-Chuan [2 ]
Ouyang, Liang-Yuh [3 ]
机构
[1] Department of Statistics, Tamkang University, Tamsui Dist., New Taipei City
[2] Department of Information Management, Fu Jen Catholic University, Xinzhuang Dist., New Taipei City
[3] Department of Management Sciences, Tamkang University, Tamsui Dist., New Taipei City
关键词
Advance-cash-credit payment; Economic order quantity; Partial backlogging; Perishable goods;
D O I
10.1007/s00500-025-10532-z
中图分类号
学科分类号
摘要
In business transactions, suppliers often ask retailers for advance-cash-credit (ACC) payments, and retailers offer customers a cash-credit (CC) payment plan. An advance payment is generally requested to avoid order cancellation, while a credit payment serves as an efficient approach to stimulate sales. With supply chains being usually subject to inventory shortages in view of various uncertainties, this study explores an optimal inventory policy for perishable goods with partial backlogging considerations when suppliers adopt an ACC payment plan for retailers and retailers offer customers a CC payment plan. For this purpose, we establish a model based on two theorems and provide an easy-to-use method to derive the optimal ordering policy to maximize retailers’ total profits. This solution is illustrated using numerical examples. Finally, we conduct a sensitivity analysis to examine the influence of changes in the values of key parameters on the optimal solution. © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2025.
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页码:2279 / 2295
页数:16
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