Abstract
Huang [ Journal of the Operations Research Society of Japan, Vol. 48 (2005), pp. 173–182] presents retailer's inventory model under supplier's partial trade credit policy. He develops a theorem to characterize the optimal solution. Although his inventory model is correct and interesting, processes of arguments of that theorem to search for the optimal replenishment cycle time arc not complete. So, the main purpose of this paper is to overcome those shortcomings and present a complete proof for Huang (2005)
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 callDisclaimer: 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.
