Authors : R. Uthayakumar and P. Parvathi
Abstract: This study discusses a deterministic EOQ model under conditions of permissible delay in payments. In many inventory systems suppliers offer some fixed credit periods to retailers for settling the accounts for the goods. This study explores a deterministic inventory model for deteriorating items with stock and time dependent demand for which the supplier permits a fixed trade credit period. In this study we assume that excess demand is partially backlogged. Finally numerical examples are given to elucidate the model.
R. Uthayakumar and P. Parvathi , 2006. A Deterministic Inventory Model for Deteriorating Items with Partially Backlogged and Stock and Time Dependent Demand Under Trade Credit. International Journal of Soft Computing, 1: 199-206.