Credit Policy Strategies for Green Product With Expiry Date Dependent Deterioration via Grey Wolf Optimizer
Adel Fahad Alrasheedi
Abstract:In a supply chain that consists of a supplier or manufacturer, a retailer, and a customer, the supplier regularly offers the retailer a pay in later facility in terms of S periods, while the retailer then gives their client a pay in later facility in terms of N periods to increase sales and decrease inventory. Offering trade credit benefits the seller's sales and profits, but it also increases default risk. As a result, understanding the credit period is becoming widely acknowledged as a key tactic for boostin… Show more
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