Optimal replenishment time for retailer under partial upstream prepayment and partial downstream overdue payment for quadratic demand

Shah, Nita H.; Jani, Mrudul Y.; Chaudhari, Urmila

doi:10.1080/13873954.2017.1324882

Cited by 20 publications

(12 citation statements)

References 33 publications

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“…Considering following strictures in their suitable units: α 1.5 × 10 3 , β 150, φ 1/100, s 500, h 10, K 100, p 300, I e 13/100, I p 3/20, M 1 1/5 yr, c 50, r 1/50 & γ 3./5. Replacement of those in (28) and solving for T , we gain, T 2 * 0.1157 yr, which proves case 2, accordingly Q* 174.57 & P 2 * $ 794.37.…”

Section: Example 2 (M 1 > T)mentioning

confidence: 67%

“…It is considered that a supplier is ready to give a mutually agreed credit period to retailer only if the order quantity purchased by retailer is more than the predetermined quantity of ordered. Some researches in this in this direction are Chaudhury et al [ 22 ], Duan et al [ 23 ], Pervin et al [ 24 ], Teng and Chang [ 25 ], Dye [ 26 ], Ghiami and Williams [ 27 ], Shah et al [ 28 ] and others.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

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

Tripathi¹

2021

Int. J. Appl. Comput. Math

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Section: Example 2 (M 1 > T)mentioning

confidence: 67%

Section: Introductionmentioning

confidence: 99%

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

Tripathi¹

2021

Int. J. Appl. Comput. Math

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“…The financing capital ultimately comes from internal supply chain enterprises rather than external financial institutions. An optimal ordering strategy in advance and delayed payment is one of the operational decisions studied in internal finance( [28], [29], [30]). Chen studied the supplier and retailer's pricing and ordering decision-making with financial constraints, and supply chain performance, showing that buyback-guaranteed financing can enhance supply chain value, and enable members to achieve multiple wins [31].…”

Section: B Supply Chain Financementioning

confidence: 99%

Pricing and Financing Strategies for a Green Supply Chain With a Risk-Averse Supplier

Kang

Gao

et al. 2021

IEEE Access

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This study investigated a green supply chain comprising a single supplier with financial constraints and a single retailer, while also considering the supplier's degree of risk aversion. A supplierretailer Stackelberg game model was established under different financing situations, namely, bank financing and retailer's advance payment, and optimal decisions were derived for both the supplier and the retailer. The analysis examined the influence of the degree of the supplier's risk aversion, pricing and financing strategies on optimal decisions. The results show that high supplier risk aversion is not conducive to the supply chain green development. When the supplier has less initial capital, the strategy of advance payment provided by the retailer will be prioritized within the supplier's financial constraints. When the supplier's initial capital is more, he should use the initial capital for production. The study's consideration of the supply chain green level as an endogenous variable, as well as of the supplier's risk aversion, contributes to its novelty.

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“…The price and inventory management strategies for declining goods with price-dependent demand were discussed in [3]. In [4], some distinct models under the variable holding cost and quadratic demand assumption are presented. In [5], a combined inventory model and pricing strategy for a maximum fixed lifetime declining rate with allowable shortages are discussed.…”

Section: Literature Reviewmentioning

confidence: 99%

Optimal Investment in Preservation Technology for Variable Demand under Trade-Credit and Shortages

Jani

Betheja

Chaudhari³

et al. 2021

Mathematics

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In particular business transactions, the supplier usually provides an admissible delay in settlement to its vendor to encourage further sales. Additionally, the demand for the commodity is inversely proportional to the function of the sales price, which is non-linear and, in some situations, a holding cost rises over time. Moreover, many goods often deteriorate consistently and shall not be sold after their expiration dates. This study analyses a model for perishable products with a maximum life span with price-dependent demand and trade credit by assimilating these variations and under the supposition of time-varying holding cost. Furthermore, to diminish the rate of deterioration, investment for preservation technology is often taken into account beforehand. Based on real-life circumstances, shortages are admitted and backlogged partially, with an exponential rise in wait time before the new good emerges. The key ambition is to calculate the optimum investment under preservation, sales price, and cycle time using the classical optimization algorithm to maximize the vendor’s net profit. Additionally, to clarify the outcomes, the numerical illustrations are addressed, and the sensitivity analysis of significant parameters is eventually implemented.

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Optimal replenishment time for retailer under partial upstream prepayment and partial downstream overdue payment for quadratic demand

Cited by 20 publications

References 33 publications

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

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

Pricing and Financing Strategies for a Green Supply Chain With a Risk-Averse Supplier

Optimal Investment in Preservation Technology for Variable Demand under Trade-Credit and Shortages

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