An Inventory Model for Deteriorating Items under Conditionally Permissible Delay in Payments Depending on the Order Quantity
Read full paper at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=50349#.VDsiHlfHRK0 Author(s) Sumana Bera 1 , Samarjit Kar 2 , Tripti Chakraborti 3 , Bani Kumar Sinha 4 Affiliation(s) 1 Department of Basic Science and Humanities, Future Institute of Engineering & Management, Kolkata, India . 2 Department of Mathematics, National Institute of Technology Durgapur, Durgapur, India . 3 Department of Applied Mathematics, University of Calcutta, Kolkata, India . 4 Department of Operations, Supply Chain and Retail Management, Calcutta Business School, Kolkata, India . ABSTRACT The purpose of this inventory model is to investigate the retailer’s optimal replenishment policy under permissible delay in payments. In this paper, w...