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The integrated inventory policy of single-supplier single-buyer is studied under orderdependent trade credit terms. The demand is assumed to be price-sensitive stock-dependent. Under order-dependent trade credit scenario, the buyer is eligible for settlement of account at a allowable delay period if the order quantity is larger than that of pre-specified order by the supplier. The objective is to maximize joint profit of the supply chain with respect retail price of the unit and order time and number is given to compute optimal decision policy. The numerical example is given to illustrate the mathematical concept. Sensitivity analysis is carried out to deduce managerial insights.
Dr. Nita H. Shah. 1970. \u201cOptimal Pricing, Shipments and Ordering Policies for Single-Supplier Single-Buyer Inventory System with Price Sensitive Stock-Dependent Demand and Order-Linked Trade Credit\u201d. Global Journal of Research in Engineering - G: Industrial Engineering GJRE-G Volume 13 (GJRE Volume 13 Issue G1).
Crossref Journal DOI 10.17406/gjre
Print ISSN 0975-5861
e-ISSN 2249-4596
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Total Score: 108
Country: India
Subject: Global Journal of Research in Engineering - G: Industrial Engineering
Authors: Dr. Nita H. Shah, Dushyantkumar G. Patel, Digeshkumar B. Shah (PhD/Dr. count: 1)
View Count (all-time): 198
Total Views (Real + Logic): 20458
Total Downloads (simulated): 10996
Publish Date: 1970 01, Thu
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This study aims to comprehensively analyse the complex interplay between
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