Timely payment is necessary for the efficient delivery of goods and services to all entities in
the supply chain. Traditionally, there has been a lot of manual processes related to payment …

With the advent of better technologies in manufacturing and retail industry, consumer beliefs
and needs have been altered. Supermarkets are expected to sell fresh products in good …

An economic order quantity model with backordering is investigated under a hybrid payment
scheme. The payment scheme, which is also linked to order quantity, involves multiple …

Generally, in the business world, it is observed that suppliers give different kinds of benefits
to retailers due to advance payment. One of the popular benefits is instant cash discount due …

This paper addresses a supply-chain-network design problem under carbon emissions
consideration and trade credits. A direct accounting approach was used to translate issues …

It is evident that granting a short-term interest-free loan (ie, a credit payment) stimulates
more sales than asking for an advance payment. In addition, it is obvious that a 30-year …

In this study, we propose an imperfect economic production quantity model with both
upstream and downstream trade credits. Trade credit is offered to the manufacturer by the …

Abstract Recently, Kreng and Tan [Expert Systems with Applications 37 (2010) 5514–5522]
developed an economic order quantity (EOQ) model under two levels of trade credit policy in …

Living in the business world, maximizing owner's happiness or getting paid by the sales of
goods or services on an open account at some reasonable profit is the main purpose of any …

In this paper, we establish an economic production quantity model for a manufacturer (or
wholesaler) with defective items when its supplier offers an up-stream trade credit M while it …