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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/36554

Title: Integrated imperfect production inventory model under permissible delay in payments depending on the order quantity.
Authors: C.Y. Chiu;M.F. Yang*;C.J. Tang;Y. Lin
Contributors: NTOU:Department of Transportation Science
Keywords: Integrsted inventory;permissible delay in payments depending on the ordering quantity;imperfect production;strategy of inventory.
Date: 2012-10
Issue Date: 2015-05-19T06:31:45Z
Publisher: Journal of Industrial and Management Optimization
Abstract: Abstract: The aim of this paper is to develop an improved inventory model which helps the enterprises to advance their profit increasing and cost reduction in a single vendor-single buyer environment with permissible delay in payments depending on the ordering quantity and imperfect production. Through this study, some numerical examples available in the literature are provided herein to apply the permissible delay in payments depending on the ordering quantity strategy. Furthermore, imperfect products will cause the cost and increase number of lots through the whole model. Therefore, for more closely conforming to the actual inventories and responding to the factors that contribute to inventory costs, our proposed model can be the references to the business applications. Finally, results of this study showed applying the permissible delay in payments can promote the cost reduction; and also showed a longer trade credit term can decrease costs for the complete supply chain.
Relation: 9(4), pp.945-965
URI: http://ntour.ntou.edu.tw/handle/987654321/36554
Appears in Collections:[運輸科學系] 期刊論文

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