A study of inventory problem with appreciation period and trade credit under advance sales
學年 101
學期 2
發表日期 2013-05-18
作品名稱 A study of inventory problem with appreciation period and trade credit under advance sales
作品名稱（其他語言）
著者 Cheng, Mei-Chuan; Ouyang, Liang-yuh
作品所屬單位 淡江大學管理科學學系
出版者 新北市：淡江大學
會議名稱 The 2013 International Conference in Management Sciences and Decision Making=2013年管理科學與經營決策國際學術研討會
會議地點 Tamsui, New Taipei City, Taiwan
摘要 Today, competition is not only rife but growing more intense every year. Due to the effects of globalization, advances in technology and information, successful companies have to keep growing. In order to sustain competitive advantage and increase market share, retailers provide better and better service. In the marketplace, offering appreciation period has become a commonly adopted method to retailers. During the appreciation period, customers can make a request to return products for any kind of reason. Packaging errors and product defects are some of the common reasons that customers make a request to return products. To attract more customers, it is a common practice for retailers to provide advance sales. Advance sales provide numerous benefits for companies, including gaining additional discriminative customers and increased profit due to interest earned from payments received from committed customers prior to the start of the regular selling period. In addition, trade credit is a common payment behavior in business to business (B2B) and business to customer (B2C) transactions. The supplier usually provides the retailer a trade credit to attract more customers who consider it to be a type of price reduction. Therefore, in this article, we establish an inventory model for a retailer who simultaneously receives trade credit from its supplier, and offers advance sales and appreciation period to its customers. Finally, numerical examples are given to illustrate the solution procedure and a sensitivity analysis is performed to investigate the effect of changes of some main parameter values on the optimal solution.
關鍵字 Inventory;Trade credit;Advance sales;Appreciation period;Finance
語言 en
收錄於
會議性質 國際
校內研討會地點 淡水校園
研討會時間 20130518~20130518
通訊作者 鄭美娟
國別
公開徵稿 Y
出版型式
出處 The 2013 International Conference in Management Sciences and Decision Making=2013年管理科學與經營決策國際學術研討會
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