Optimal Credit Period and Lot Size Policies for a Retailer at Risk of Customer Default Under Two-Echelon Partial Trade Credit.
Chuan ZhangLing-Wei FanYu-Xin TianShu-Min YangPublished in: IEEE Access (2018)
Keyphrases
- lot size
- holding cost
- lead time
- supply chain
- planning horizon
- inventory costs
- ordering policy
- order quantity
- stochastic demand
- replenishment policy
- total cost
- lot sizing
- finite horizon
- setup cost
- optimal policy
- infinite horizon
- multi item
- periodic review
- single item
- inventory policy
- production cost
- inventory control
- service level
- customer demand
- decision making
- lost sales
- expected cost
- long run average cost
- production planning
- random variables
- multistage
- inventory systems
- credit risk
- dynamic programming
- optimal solution
- raw material
- single stage
- production system