Abstract
This study presents a preservation technology model for deteriorating items with constant rate of deterioration. The requirements for the items are received as a function of advertisement frequency and selling price. The two types of trade credit is the main focus of this study. First one is provided by the supplier to the retailer and another one is the partial trade credit offered by the retailer to the customer. The optimal policy is presented to earn maximum profit with optimal values of selling price, advertisement frequency, preservation technology and total cycle length. The study is numerically verified with sensitivity analysis to check the sensitivity of the model.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: IOP Conference Series: Materials Science and Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
