Optimal pricing and replenishment policies for instantaneous deteriorating items with backlogging and trade credit under inflation

Abstract In this paper we develop an economic order quantity model to investigate the optimal replenishment policies for instantaneous deteriorating items under inflation and trade credit. Demand rate is a linear function of selling price and decreases negative exponentially with time over a finite...

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Bibliographic Details
Main Authors: R. Sundara Rajan, R. Uthayakumar
Format: Article
Language:English
Published: Islamic Azad University 2017-04-01
Series:Journal of Industrial Engineering International
Subjects:
Online Access:http://link.springer.com/article/10.1007/s40092-017-0200-3