A Probabilistic (Q, s) Inventory Model with Permitted Credit Period

被引:0
|
作者
K. V. S. Sarma
B. Sudhakar
机构
[1] S.V. University,Department of Statistics
[2] V.R. College,Department of Statistics
关键词
D O I
10.1007/BF03398526
中图分类号
学科分类号
摘要
This paper deals with a continuous review (Q, s) inventory policy with a positive lead time during which the demand is a random variable having a known distribution. The supplier offers a credit period which is less than average duration of the inventory cycle. A method of determining the optimal values of Q and s is discussed along with numerical illustrations and the effect of credit period on the policy is also highlighted.
引用
收藏
页码:211 / 220
页数:9
相关论文
共 50 条
  • [31] Optimality of Cycle Time and Inventory Decisions in a Two Echelon Inventory System under Credit Period
    Krugon, Seelam
    Nagaraju, Dega
    Narayanan, S.
    12TH GLOBAL CONGRESS ON MANUFACTURING AND MANAGEMENT (GCMM - 2014), 2014, 97 : 2269 - 2278
  • [32] Retailer's replenishment and credit policies for deteriorating inventory under credit period-dependent demand and bad-debt loss
    Shah, Nita H.
    TOP, 2015, 23 (01) : 298 - 312
  • [33] The (s, Q) inventory model with Erlang lead time and deterministic demand
    Kim, JG
    Sun, DW
    He, XJ
    Hayya, JC
    NAVAL RESEARCH LOGISTICS, 2004, 51 (06) : 906 - 923
  • [34] An imperfect production inventory model with advance payment and credit period in a two-echelon supply chain management
    Khara, Barun
    Mondal, Shyamal Kumar
    Dey, Jayanta Kumar
    RAIRO-OPERATIONS RESEARCH, 2021, 55 (01) : 189 - 211
  • [35] Impact of Carbon Emission and Volume Flexibility on a Reverse Logistics Inventory Model with Two Levels of Trade Credit Period
    Handa, Nidhi
    Singh, S. R.
    Katariya, Chandni
    PROCESS INTEGRATION AND OPTIMIZATION FOR SUSTAINABILITY, 2023, 7 (05) : 1265 - 1287
  • [36] Impact of Carbon Emission and Volume Flexibility on a Reverse Logistics Inventory Model with Two Levels of Trade Credit Period
    Nidhi Handa
    S. R. Singh
    Chandni Katariya
    Process Integration and Optimization for Sustainability, 2023, 7 : 1265 - 1287
  • [37] Fuzzy Single Period Inventory Model
    Kumar, R. Senthil
    Felix, A.
    RECENT DEVELOPMENTS IN MATHEMATICAL ANALYSIS AND COMPUTING, 2019, 2095
  • [38] Some comments on retailer's inventory model under supplier's partial trade credit policy
    Chung, Kun-Jen
    Lin, Shy-Der
    JOURNAL OF INFORMATION & OPTIMIZATION SCIENCES, 2009, 30 (02): : 367 - 373
  • [39] Analyzing an inventory model with two-level trade credit period including the effect of customers' credit on the demand function usingq-fuzzy number
    Banu, Ateka
    Mondal, Shyamal Kumar
    OPERATIONAL RESEARCH, 2020, 20 (03) : 1559 - 1587
  • [40] The Algorithm to the EOQ Model for Inventory Control and Trade Credit
    Kun-Jen Chung
    Tien-Shou Huang
    OPSEARCH, 2005, 42 (1) : 16 - 27