A note on an EOQ model for deteriorating items under supplier credit linked to ordering quantity

作者：Liao Jui Jung^*

来源：Applied Mathematical Modelling, 2007, 31(8): 1690-1699.

DOI：10.1016/j.apm.2006.05.003

• inventory
• lot-size
• delay payment
• deteriorating items

This paper explores the inventory replenishment policy for deteriorating items in which the supplier provides a permissible delay to the purchaser if the order quantity is greater than or equal to a predetermined quantity. As a matter of fact, the inventory system discussed by this paper is the same as that of Chang et al. [C.T. Chang, L.Y. Ouyang, J.T. Teng, An EOQ model for deteriorating items under supplier credit credits linked to ordering quantity, Appl. Math. Model. 27 (2003) 983-996]. However, their approach in solving the problems needs further analysis. This article deals with an alternative approach to present a simple procedure in order to determine the optimal ordering policy when the supplier provides a permissible delay in payments linked to order quantity. Numerical examples reveal that the solution algorithm described in this paper is accurate and rapid.

• 出版日期2007-8