Capacity constraint EOQ model for deteriorating items with two-level trade credit under financial environment
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Abstract
The present model has been originated a capacity constraint EOQ for deteriorating items with two levels of trade credit policy under the financial environment. In this study, the trade credit policy of two-level has been considered. In this policy, the wholesaler got a permissible delay time period M offered by the supplier, and the retailer also gets the delay period $N(M>N)$ offered by the wholesaler. All possible cases in the trade credit period are developed under the financial environment. Further, this model has been considering the deteriorating rate constant in nature. In addition to this study, find the optimal solution, several theoretical results have been established. Finally, three hypothetical numerical examples have been considered and the sensitivity analysis on the optimal case has been done on different parameters.
Keywords:
Trade credit financing, Trade Credit Policy of Two-level, Deterioration, Limited storage capacity, InventoryMathematics Subject Classification:
Mathematics- Pages: 981-992
- Date Published: 01-01-2021
- Vol. 9 No. 01 (2021): Malaya Journal of Matematik (MJM)
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