• 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