Retailer's optimal replenishment decisions with credit-linked demand under permissible delay in payments.
Chandra K. JaggiS. K. GoyalSatish K. GoelPublished in: Eur. J. Oper. Res. (2008)
Keyphrases
- single product
- order quantity
- replenishment policy
- lead time
- supply chain
- stochastic demand
- inventory replenishment
- inventory policy
- inventory control
- dynamic pricing
- lost sales
- inventory costs
- finite horizon
- service level
- inventory management
- credit card
- uncertain demand
- bullwhip effect
- ordering policy
- base stock policy
- single item
- inventory systems
- lot size
- total cost
- revenue management
- decision makers
- holding cost
- infinite horizon
- periodic review
- dynamic programming
- decision making
- operational decisions
- optimal capacity
- joint replenishment
- batch size
- single period
- customer demand
- inventory level
- optimal policy
- optimal solution
- profit maximizing
- distribution network
- expected cost
- supply chain management
- resource allocation
- multistage