The simplified solution procedure for the EOQ model under cash discount and trade credit

被引:0
|
作者
Chung, Kun-Jen [1 ]
Lin, Shy-Der [2 ]
机构
[1] Chung Yuan Christian Univ, Coll Business, Chungli 32023, Taiwan
[2] Chung Yuan Christian Univ, Dept Appl Math & Business Adm, Chungli 32023, Taiwan
来源
JOURNAL OF INFORMATION & OPTIMIZATION SCIENCES | 2010年 / 31卷 / 02期
关键词
EOQ; cash discount; trade credit; permissible delay in payments; inventory;
D O I
10.1080/02522667.2010.10699971
中图分类号
G25 [图书馆学、图书馆事业]; G35 [情报学、情报工作];
学科分类号
1205 ; 120501 ;
摘要
Huang and Chung [Asia-Pacific Journal of Operational Research, Vol. 20 (2003), pp. 177-190] present optimal replenishment and payment policies in the EOQ model under cash discount and trade credit. They establish some theorems to characterize the optimal order cycles such that the annual total relevant cost is minimized. The main purpose of this paper is to unify those theorems and present an easy-to-use method to simplify solution procedures in Huang and Chung (2003).
引用
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页码:439 / 453
页数:15
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