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|Title:||Ordering decision-making under two-level trade credit policy for a retailer with a powerful position|
|Keywords:||EOQ;Inventory;Supply chain;Two-level trade credit|
|Abstract:||This paper investigates retailer’s inventory policy under two-level trade credit to reflect the supply chain management situation. It is assumed that retailer maintains a powerful position and can obtain full trade credit offered by supplier yet retailer just offers the partial trade credit to customers. Under these conditions, retailer can obtain the most benefits. Study also investigates retailer’s inventory system as a cost minimization problem to determine retailer’s optimal inventory policy under supply chain management. One ease-to-use theorem is developed to efficiently determine optimal inventory policy for retailer. Study demonstrates results of previous studies that can be treated as special cases.|
|Appears in Collections:||JSIR Vol.66(09) [September 2007]|
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|JSIR 66(9) (2007) 716-723.pdf||117.96 kB||Adobe PDF||View/Open|
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