Optimal Strategy for the Integrated Vendor-Buyer Inventory Model with Adjustable Production Rate and Trade Credit
學年 93
學期 1
發表日期 2005-10-28
作品名稱 Optimal Strategy for the Integrated Vendor-Buyer Inventory Model with Adjustable Production Rate and Trade Credit
作品名稱(其他語言)
著者 Ouyang, Liang-Yuh;Ho, Chia-Huei;Su, Chia-Hsien
作品所屬單位 淡江大學經營決策學系
出版者 台中技術學院
會議名稱 第三屆流通與全球運籌論文研討會
會議地點 臺中, 臺灣
摘要 In this paper we present a stylized model to find the optimal strategy for the integrated vendor-buyer inventory model with a price-sensitive market demand rate and adjustable production rate under the condition of trade credit. By analyzing total channel profit function, we developed an algorithm to simultaneously determine the buyer's optimal retail price, order quantity and the numbers of shipments per production run from the vendor to the buyer. The results of our analysis demonstrate that in an integrated vendor-buyer inventory model, the trade credit strategy can be a win-win business strategy for both the buyer and the vendor. Our study also identifies the total channel profit will increase while the vendor's production rate is close to the market demand rate.
關鍵字 Integrated inventory model;Price-sensitive demand;Adjustable production rate;Trade credit
語言 en
收錄於
會議性質 國內
校內研討會地點
研討會時間 20051028~20051028
通訊作者
國別 TWN
公開徵稿
出版型式
出處 第三屆流通與全球運籌論文研討會論文集, 9p.
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