An integrated inventory model with quality improvement and two-part credit policy
學年 102
學期 1
出版（發表）日期 2013-12-14
作品名稱 An integrated inventory model with quality improvement and two-part credit policy
作品名稱（其他語言）
著者 Ouyang, Liang-Yuh; Chuang, Cheng-Ru; Ho, Chia-Huei; Wu, Chien-Wei
單位 淡江大學管理科學學系
出版者 Heidelberg: Springer
著錄名稱、卷期、頁數 TOP 22(3), pp.1042-1061
摘要 Trade credit financing plays a vital role in current business operations. Vendors extend payment dates to encourage sales, and buyers are not required to pay immediately after receiving products. This is equivalent to receiving a price reduction. Besides, buyers reduce their need for capital from bank loans. In addition, a number of defective products are produced during the production process. The number of defective items influences the on-hand inventory levels of buyers, service levels, and frequency of orders. To ensure that the analysis incorporates a realistic production environment, we developed an integrated inventory model with a two-part trade credit and considered an imperfect production process that can be improved by capital investment. The objective was to determine the optimal ordering, shipping, and quality improvement policies to maximize joint total profit. An iterative algorithm was established to determine the optimal strategy. Furthermore, a sensitivity analysis was conducted to examine the effects of changing parameter values on the optimal solution.
關鍵字 Integrated inventory model;Imperfect production process;Two-part trade credit ;Capital investment
語言 en
ISSN 1134-5764
期刊性質 國外
收錄於 SCI
產學合作
通訊作者 Ho, Chia-Huei
審稿制度 是
國別 DEU
公開徵稿
出版型式 ,紙本
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