Abstract
An EPQ model for the co-operative supply chain under the conditions of permissible delay in payments is developed in this work, in order to compare the co-operative supply chain with noncooperative supply chain; we also propose another EPQ model for the non-cooperative supply chain under the same conditions. In addition, we provide an efficient algorithm to obtain the optimal solution, and the results of numerical examples indicate that the cooperative supply chain will contribute to improving its EPQ and profit
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