Optimal ordering policies for perishable multi-item under stock-dependent demand and two-level trade credit

Optimal replenishment policy and preservation technology investment for a non-instantaneous deteriorating item with stock-dependent demand

“…Ghiami et al (2013) developed and analyzed inventory model for a deteriorating item with stock-dependent demand under capacity constraint and partial backlogging. Jiangtao et al (2014) derived optimal ordering policy for multiple perishable items under stock-dependent demand and two-level trade credit. Choudhury et al (2015) framed an inventory model considering stock-dependent demand rate with allowable shortages.…”

Innovative Approach of EOQ Structure for Decaying Items with Time Sensitive Demand, Cash- Discount, Shortages and Permissible Delay in Payments

“…Chern et al [ 39 ] extended an EOQ system to include particulars that (i) advertising cost is considerably superior to unit acquiring cost and (ii) interest rate charged by the trader is not essentially advanced than the seller’s savings return rate under permitted delay. Jiangtao et al [ 40 ] addressed a multi- commodity system for unpreserved substances where demand rates of goods are stored- linked two- echelon traffic credits. Chern and Teng [ 41 ] designed an EOQ system for trader for finding his/ her best possible replenishment cycle time, included the fact that (i) failing foodstuffs decline constantly and having utmost life time and (ii) a seller frequently proposes an allowed delay in payments to draw additional purchasers.…”

Inventory models for stock-dependent demand and time varying holding cost under different trade credits

“…Soni [8] studied inventory model from two aspects (i) the demand rate is multivariate function of price and level of inventory and (ii) Delay in payment is permissible. Jiangtao et al [9] pointed out a multi-item EOQ model for perishable item where the demand rate of the items are stock-dependent, two level trade credit is adopted and the restriction of inventory capacity is also discussed. Goyal and Chang [10] discussed an ordering-transfer inventory model to determine the retailers optimal order quantity and the number of transfer per order from the ware house to the display area.…”