A NOTE ON OPTIMAL ORDER QUANTITIES FOR CREDIT PURCHASES

被引:14
作者
BREGMAN, RL
机构
[1] Texas A and M University, Department of Business Analysis and Research, College of Business Administration, College Station, TX 77843-4217
关键词
D O I
10.1016/0925-5273(92)90032-3
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
In this note, optimal purchase quantities are derived for firms that regularly purchase items on credit. These derivations represent modifications to the traditional economic order quantity model and include situations where handling and storage costs are charged as incurred, prepaid, or billed after usage. Buying on credit introduces float "foregone" as a relevant cost and makes discounting an integral element in the analysis. Wholesale and retail firms operating in developing market-based economies are noted as example scenarios where the results from these derivations are managerially significant.
引用
收藏
页码:203 / 210
页数:8
相关论文
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