Coordination between vendor and buyer considering trade credit and items of imperfect quality

被引:62
作者
Chen, Liang-Hsuan [1 ]
Kang, Fu-Sen [1 ]
机构
[1] Natl Cheng Kung Univ, Dept Ind & Informat Management, Tainan 70101, Taiwan
关键词
Inventory; Imperfect items; Vendor-buyer; Delay in payment; ECONOMIC ORDER QUANTITY; CONTROLLABLE LEAD TIME; COOPERATIVE INVENTORY MODELS; LOT-SIZE MODEL; PERMISSIBLE DELAY; INTEGRATED INVENTORY; SUPPLY CHAIN; EOQ MODEL; PAYMENTS; DISCOUNT;
D O I
10.1016/j.ijpe.2009.06.043
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
Vendor-buyer models for trade credit issues in the existing literature always consider the items produced as perfect. However, a number of items in a lot may be of imperfect quality. This paper extends Chen and Kang's [2007. Integrated vendor-buyer cooperative models with variant permissible delay in payments. European journal of Operational Research 183 (2), 658-673] study to develop integrated vendor-buyer models that consider a permissible delay in payment and imperfect quality to determine the optimal solutions of the buyer's order quantity and the frequency for each vendor's production run. To establish a cooperative relationship between the vendor and buyer for a win-win situation, a simple solution algorithm is presented to determine the cost saving of each side when the warranty cost per unit is increased. A numerical example is used to illustrate the results for the proposed models. (C) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:52 / 61
页数:10
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