Ordering policy for stock-dependent demand rate under progressive payment scheme.
Hardik N. SoniNita H. ShahPublished in: Int. J. Syst. Sci. (2009)
Keyphrases
- payment scheme
- ordering policy
- lost sales
- stochastic demand
- inventory level
- planning horizon
- order quantity
- finite horizon
- lead time
- credit card
- batch size
- inventory systems
- manufacturing systems
- expected cost
- inventory control
- fixed cost
- raw material
- electronic payment
- optimal policy
- lot sizing
- inventory management
- infinite horizon
- service level
- total cost
- production system
- supply chain
- single stage
- lot size
- single item
- production planning
- batch mode