An economic order quantity model with completely backordering and nondecreasing demand under two-level trade credit

• Main Authors: Molamohamadi, Zohreh, Arshizadeh, Rahman, Napsiah, Ismail, Amir, Azizi
• Format: Article
• Language: English
• Published: Hindawi Publishing Corporation 2014
• Subjects: TS Manufactures
• Online Access: http://umpir.ump.edu.my/id/eprint/25410/1/An%20economic%20order%20quantity%20model%20with%20completely%20backordering.pdf; http://umpir.ump.edu.my/id/eprint/25410/; https://doi.org/10.1155/2014/340135; https://doi.org/10.1155/2014/340135

In the traditional inventory system, it was implicitly assumed that the buyer pays to the seller as soon as he receives the items. In today’s competitive industry, however, the seller usually offers the buyer a delay period to settle the account of the goods. Not only the seller but also the buyer m...