An EPQ Inventory Model with Allowable Shortages for Deteriorating Items under Trade Credit Policy

This paper attempts to obtain the replenishment policy of a manufacturer under EPQ inventory model with backorder. It is assumed here that the manufacturer delays paying for the received goods from the supplier and the items start deteriorating as soon as they are being produced. Based on these assu...

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Bibliographic Details
Main Authors: Zohreh Molamohamadi, Rahman Arshizadeh, Napsiah Ismail
Format: Article
Language:English
Published: Hindawi Limited 2014-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2014/476085