An inventory model with non-instantaneous receipt and exponentially deteriorating items for an integrated three layer supply chain system under two levels of trade credit

Optimal Pricing and Ordering Policies for Inventory System with Two-Level Trade Credits Under Price-Sensitive Trended Demand

“…The highly non-linearity of the objective functions in Eqs. (6)(7)(8) renders to obtain the closed form solution. We analyze the model with parametric data in the next section.…”

“…Shah et al [18] discussed an inventory model with two players in the supply chain for price sensitive trapezoidal demand with net credit scenario for deteriorating inventory. One can also refer articles related to trade credit from Chen et al [3], Chung and Cárdenas-Barrón [4], Chung et al [6], Ouyang et al [15] and Wu et al [24].…”

The algorithm for the optimal cycle time and pricing decisions for an integrated inventory system with order-size dependent trade credit in supply chain management

“…Furthermore, since there exist reasons and motivations to present the correct solutions to readers, the main purpose of this paper is to adopt the rigorous methods of mathematical analysis in order to develop the complete solution procedures with a view to locating the optimal solution by appropriately removing the shortcomings in the work of Ouyang et al [17]. Several other interesting developments on the subject of our present investigation can be found in a number of related recent works (see, for example, [2], [3], [6][7][8], [10], [14], [15], [18], [19], [21] and [24]). …”

A Comparative Study Between Inventory Followed by Shortages and Shortages Followed by Inventory Under Trade-Credit Policy

“…Wu et al [40] described an inventory model for deteriorating items with expiration dates under two-level trade-credit financing. Chung et al [41] addressed an integrated three layer supply chain system with non-instantaneous receipt and exponentially deteriorating items under two levels of trade-credit policy. Chen et al [42] obtained retailer's economic order quantity while the supplier offers conditionally permissible delay-in-payments link to order quantity.…”