Abstract
Teng and Goyal (2007) consider optimal ordering policies for a retailer in a supply chain with up-stream and down-stream trade credits. Their inventory models are correct and interesting. However, processes of proofs and arguments of Theorems 1 and 2 in Teng and Goyal (2007) fill shortcomings such that validities of their proofs are questionable. From the viewpoint of logic, their proofs are not complete. So, the main purpose of this paper is to remove those shortcomings and present complete proofs for Teng and Goyal (2007).
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.
