Optimal Pricing Policies with an Allowable Discount for Perishable Items under Time-Dependent Sales Price and Trade Credit

Optimal Pricing Policies with an Allowable Discount for Perishable Items under Time-Dependent Sales Price and Trade Credit

Trade credit is generally used by businesses to obtain external funds. This article demonstrates an inventory system from the retailer’s point of view in which (1) the influence of trade credit on expanding small businesses and their consumers is the focus of this research, and (2) the retailer’s on...

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Bibliographic Details
Main Authors: Mrudul Y. Jani, Manish R. Betheja, Amrita Bhadoriya, Urmila Chaudhari, Mohamed Abbas, Malak S. Alqahtani
Format: Article
Language:English
Published: MDPI AG 2022-06-01
Series:Mathematics
Subjects:
discount
dynamic rate of demand
non-instantaneous deterioration
time-varying sales price
trade credit
time-dependent holding cost
Online Access:https://www.mdpi.com/2227-7390/10/11/1948

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