Optimal Strategy for the Integrated Vendor-Buyer Inventory Model with Adjustable Production Rate and Trade Credit
學年 94
學期 1
出版（發表）日期 2005-12-01
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
單位 淡江大學經營決策學系
出版者 Taipei : Graduate Institute of Management Science, Tamkang University
著錄名稱、卷期、頁數 International Journal of Information and Management Sciences 16(4), pp.19-37
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 number 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
ISSN 1017-1819
期刊性質 國內
收錄於 EI
產學合作
通訊作者
審稿制度
國別 TWN
公開徵稿
出版型式 紙本
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