1. NCCU Academic Hub
  2. 學術產出
  3. College of Informatics
  4. Periodical Articles
  5. Item

學術產出-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

政大圖書館

Citation Infomation

題名 Retailer’s economic order quantity when the supplier offers conditionally permissible delay in payments link to order quantity.
作者 陳聖智
Chen, Sheng-Chih ; Cárdenas-Barrón, Leopoldo Eduardo ; Teng, Jinn-Tsair
貢獻者 數位內容碩士學位學程
關鍵詞 EOQ;Inventory;Finance;Conditionally permissible delay;Arithmetic–geometric mean inequality
日期 2014-09
上傳時間 24-Jan-2014 17:34:10 (UTC+8)
摘要 Trade credit financing is increasingly recognized as an important strategy to increase profitability in Inventory Management. We revisit an economic order quantity model under conditionally permissible delay in payments, in which the supplier offers the retailer a fully permissible delay of M periods (i.e., there is no interest charge until M) if the retailer orders more than or equal to a predetermined quantity W. However, if the retailer’s order quantity is less than W, then the retailer must make a partial payment to the supplier, and enjoy a permissible delay of M periods for the remaining balance. In this paper, we extend the mentioned EOQ under conditionally permissible delay in payments to complement some shortcomings of the model. By contrast to the differential calculus method, we propose a simple arithmetic–geometric method to solve the problem. Furthermore, we establish some discrimination terms to identify the unique optimal solution among three alternatives, and explain those theoretical results by simply economical interpretations. Finally, we solve several numerical examples to illustrate the theoretical results and obtain some managerial implications.
關聯 International Journal of Production Economics, Volume 155, Pages 284–291
資料類型 article
DOI http://dx.doi.org/http://dx.doi.org/10.1016/j.ijpe.2013.05.032
dc.contributor 數位內容碩士學位學程en_US
dc.creator (作者) 陳聖智zh_TW
dc.creator (作者) Chen, Sheng-Chih ; Cárdenas-Barrón, Leopoldo Eduardo ; Teng, Jinn-Tsairen_US
dc.date (日期) 2014-09en_US
dc.date.accessioned 24-Jan-2014 17:34:10 (UTC+8)-
dc.date.available 24-Jan-2014 17:34:10 (UTC+8)-
dc.date.issued (上傳時間) 24-Jan-2014 17:34:10 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/63579-
dc.description.abstract (摘要) Trade credit financing is increasingly recognized as an important strategy to increase profitability in Inventory Management. We revisit an economic order quantity model under conditionally permissible delay in payments, in which the supplier offers the retailer a fully permissible delay of M periods (i.e., there is no interest charge until M) if the retailer orders more than or equal to a predetermined quantity W. However, if the retailer’s order quantity is less than W, then the retailer must make a partial payment to the supplier, and enjoy a permissible delay of M periods for the remaining balance. In this paper, we extend the mentioned EOQ under conditionally permissible delay in payments to complement some shortcomings of the model. By contrast to the differential calculus method, we propose a simple arithmetic–geometric method to solve the problem. Furthermore, we establish some discrimination terms to identify the unique optimal solution among three alternatives, and explain those theoretical results by simply economical interpretations. Finally, we solve several numerical examples to illustrate the theoretical results and obtain some managerial implications.en_US
dc.format.extent 618233 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) International Journal of Production Economics, Volume 155, Pages 284–291en_US
dc.subject (關鍵詞) EOQ;Inventory;Finance;Conditionally permissible delay;Arithmetic–geometric mean inequalityen_US
dc.title (題名) Retailer’s economic order quantity when the supplier offers conditionally permissible delay in payments link to order quantity.en_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1016/j.ijpe.2013.05.032en_US
dc.doi.uri (DOI) http://dx.doi.org/http://dx.doi.org/10.1016/j.ijpe.2013.05.032en_US