The optimal inventory policies for the EPQ model under conditions of permissible delay in payment and limited storage capacity

• Main Authors: Yung-Chiuan Chen, 陳勇全
• Other Authors: Kun-Jen Chung
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/dr767v

碩士 === 國立臺灣科技大學 === 工業管理系 === 94 === Consider being relax traditional EOQ model in order to be closer to the actual conditions mainly in this paper. Under noninstantaneous receipt conditions, the capacity of the warehouse is assume be limited and permissible delay in payments. Noninstantaneous receipt is considers the quantity ordered unable to replenishment finished instantaneously. On the conditions, it is more approach the practical situation. In practice, the supplier permit delay in payments to promote profit. The supplier is willing to offer the retailer a certain credit period. When retailer received items, it can sell the goods and accumulate revenue and earn interest before the end of the trade credit period. A higher interest is charged if the payment is not settled by the end of the trade credit period. This paper also considers the conditions of limited storage capacity. It means the storage capacity is not unlimited. Excess stock is held in a rented warehouse whenever the storage capacity of the company warehouse is insufficient. In the aspect of solving, this paper use the every cost function that obtained from different case, we get the optimum solving with every cost function. Then we get the solving with least cost. Furthermore, numerical examples illustrate all results obtained by this paper. Because the inventory model that obtained from this paper, it more approach the practical situation and make the range of discussion more extensively.