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標題
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Optimal payment time with deteriorating items under inflation and permissible delay in payments |
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學年
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98 |
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學期
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1 |
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出版（發表）日期
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2009/10/01 |
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作品名稱
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Optimal payment time with deteriorating items under inflation and permissible delay in payments |
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作品名稱（其他語言）
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著者
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Chang, Chun-Tao; Wu, Shuo-Jye; Chen, Li-Ching |
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單位
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淡江大學統計學系 |
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出版者
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Abingdon: Taylor & Francis Ltd. |
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著錄名稱、卷期、頁數
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International Journal of Systems Science 40(10), pp.985-993 |
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摘要
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This article develops an inventory model under a situation in which the supplier provides the purchaser with a permissible delay of payments. Shortages are not allowed and the effect of the inflation rate, deterioration rate and delay in payment are discussed as well. As a result, in this article, we establish a mathematical model to determine the optimal payment period and replenishment cycle. Using Taylor series approximation, we characterise the optimal solution and provide an easy-to-use algorithm to find the optimal solution. Finally, the proposed models are illustrated through numerical examples and the sensitivity analysis is reported. |
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關鍵字
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Inventory;finance;delay payments;payment period;deteriorating items |
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語言
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英文(美國) |
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ISSN
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0020-7721; 1464-5319 |
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期刊性質
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國外 |
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收錄於
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SCI;SSCI;EI |
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產學合作
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通訊作者
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Chang, Chun-Tao |
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審稿制度
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是 |
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國別
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英國 |
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公開徵稿
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出版型式
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紙本;電子版 |