An inventory model with time dependent demand and shortages under trade credit policy

被引：51

作者：

Khanra, S. ^{[1
]}

Mandal, Buddhadev ^{[2
]}

Sarkar, Biswajit ^{[2
]}

机构：

[1] Dept Math, Tamralipta Mahavidyalaya, Tamluk 721636, Purba Medinipur, India

[2] Vidyasagar Univ, Dept Appl Math Oceanol & Comp Programming, Midnapore 721102, W Bengal, India

来源：

ECONOMIC MODELLING | 2013年 / 35卷

关键词：

Inventory; Time dependent demand; Shortages; Permissible delay in payments; ECONOMIC ORDER QUANTITY; EOQ MODEL; LINEAR TREND; PERMISSIBLE DELAY; QUADRATIC DEMAND; DETERIORATING ITEM; INCREASING DEMAND; PAYMENTS; RULE;

D O I：

10.1016/j.econmod.2013.07.031

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This model investigates an economic order quantity (EOQ) model over a finite time horizon for an item with a quadratic time dependent demand by considering shortages in inventory under permissible delay in payments. Shortages are assumed after variable time T-1(<T cycle period). The credit period (m) is known and fixed. The model is derived under three different circumstances depending on the time of occurrence of shortages, credit period, and cycle time. The results are illustrated with the help of numerical examples. The sensitivity analysis of key parameters of the optimal solution is studied with respect to changes in different parametric values. Some special features of the model are discussed. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：349 / 355

页数：7

共 50 条

[41] An EPQ-based inventory model for exponentially deteriorating items under retailer partial trade credit policy in supply chain [J].

Mahata, Gour Chandra .

EXPERT SYSTEMS WITH APPLICATIONS, 2012, 39 (03) :3537-3550

[42] Optimal inventory model under stock and time dependent demand for time varying deterioration rate with shortages [J].

Krishna Prasad ;

Bani Mukherjee .

Annals of Operations Research, 2016, 243 :323-334

[43] Optimal inventory model under stock and time dependent demand for time varying deterioration rate with shortages [J].

Prasad, Krishna ;

Mukherjee, Bani .

ANNALS OF OPERATIONS RESEARCH, 2016, 243 (1-2) :323-334

[44] Two Warehouse Inventory Model with Stock-Level Dependent Demand Rate and Time Varying Holding Cost under Shortages [J].

Rajoria, Yogendra Kumar ;

Saini, Seema ;

Singh, S. R. .

2014 RECENT ADVANCES AND INNOVATIONS IN ENGINEERING (ICRAIE), 2014,

[45] The Optimal Replenishment Policy under Trade Credit Financing with Ramp Type Demand and Demand Dependent Production Rate [J].

Qin, Juanjuan ;

Liu, Weihua .

DISCRETE DYNAMICS IN NATURE AND SOCIETY, 2014, 2014

[46] Three stage trade credit policy in a three-layer supply chain-a production-inventory model [J].

Pal, Brojeswar ;

Sana, Shib Sankar ;

Chaudhuri, Kripasindhu .

INTERNATIONAL JOURNAL OF SYSTEMS SCIENCE, 2014, 45 (09) :1844-1868

[47] An uncooperative order model for items with trade credit, inventory-dependent demand and limited displayed-shelf space [J].

Zhou, Yong-Wu ;

Zhong, Yuanguang ;

Li, Jicai .

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2012, 223 (01) :76-85

[48] An EPQ model of substitutable products under trade credit policy with stock dependent and random substitution [J].

Majumder, P. ;

Bera, U. K. ;

Maiti, M. .

OPSEARCH, 2020, 57 (04) :1205-1243

[49] A production inventory model with partial trade credit policy and reliability [J].

Das, Subhajit ;

Khan, Md Al-Amin ;

Mahmoud, Emad E. ;

Abdel-Aty, Abdel-Haleem ;

Abualnaja, Kholod M. ;

Shaikh, Ali Akbar .

ALEXANDRIA ENGINEERING JOURNAL, 2021, 60 (01) :1325-1338

[50] An Inventory Model of Time and Reliability Dependent Demand with Deterioration and Partial Backordering Under Fuzziness [J].

Adak, Sudip ;

Mahapatra, G. S. .

RECENT ADVANCES IN INTELLIGENT INFORMATION SYSTEMS AND APPLIED MATHEMATICS, 2020, 863 :610-627

← 1 2 3 4 5 →