An inventory model for deteriorating items under the condition of permissible delay in payments

In economic order quantity (EOQ) models, it is often assumed that the payment of an order is made on the receipt of items by the inventory system. However, such an assumption is not quite practical in the real world. Under most market behaviors, it can be easily found that a vendor provides a credit...

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Bibliographic Details
Main Authors: Chang Horng-Jinh, Dye Chung-Yuan, Chuang Bor-Ren
Format: Article
Language:English
Published: University of Belgrade 2002-01-01
Series:Yugoslav Journal of Operations Research
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0354-0243/2002/0354-02430201073C.pdf