Retailer's optimal ordering and discounting policies under advance sales discount and trade credits

被引:49
作者
Tsao, Yu-Chung [1 ]
机构
[1] Tatung Univ, Dept Business Management, Taipei 104, Taiwan
关键词
EOQ; Ordering; Discounting; Trade credits; Advance sales discount; Two-echelon supply chain; PERMISSIBLE DELAY; INVENTORY MODEL; EOQ MODEL; PAYMENTS; QUANTITY; TIME;
D O I
10.1016/j.cie.2008.05.006
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
Providing advance sales discount program to attract consumers or eliminate demand uncertainty is commonly in today's business, such as music disk, apparel, books, etc. Also, trade credit is a popular payment behavior in B2B and B2C transactions. In this research, we use EOQ to model the decisions under advance sales discount and two-echelon trade credits, which involve how much to order and how much to discount to minimize the total related cost. Several examples are given to illustrate the solution procedures and discuss the impact of various system parameters. We conclude with a computational analysis that leads to variety of managerial insights. (C) 2008 Elsevier Ltd. All rights reserved.
引用
收藏
页码:208 / 215
页数:8
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