DocumentCode
550546
Title
The study on deteriorating items sale and order strategy under trade credit
Author
Liu Tao
Author_Institution
Dept. of Bus. Adm., Henan Bus. Coll., Zhengzhou, China
fYear
2011
fDate
22-24 July 2011
Firstpage
5753
Lastpage
5758
Abstract
Much of exiting EOQ models consider to decide the optimal order quantity and cycle under trade credit tactic, Which seldom consider how to make supplier´s trade credit strategy. This paper proposes Stackelberg game model to get the deteriorating items optimal trade credit tactic as well as ordering policy subject to single vendor-buyer supply chain under end demand is price negative exponent function. Finally numerical examples are shown to illustrate the results in the paper.
Keywords
credit transactions; game theory; order picking; stock control; supply chains; EOQ model; Stackelberg game model; items sale deterioration; optimal order quantity; order strategy; price negative exponent function; trade credit strategy; vendor-buyer supply chain; Delta modulation; Electronic mail; Games; Inventory control; Marketing and sales; Numerical models; Deteriorating Items; Inventory Control; Stackelberg Game; Trade Credit;
fLanguage
English
Publisher
ieee
Conference_Titel
Control Conference (CCC), 2011 30th Chinese
Conference_Location
Yantai
ISSN
1934-1768
Print_ISBN
978-1-4577-0677-6
Electronic_ISBN
1934-1768
Type
conf
Filename
6000885
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