Kun-Jen Chung

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This paper follows the discounted cash #ow (DCF) approach to investigate inventory replenishment problem for deteriorating items taking account of time value of money over a "xed planning horizon. We develop models and optimal solutions with complete backlogging and without backlogging and prove that the total variable cost is convex. The results are(More)
Yang [20] studies a deteriorating inventory model in which the supplier simultaneously offers the retailer either a conditional delay in payments or a cash discount. While considering the same inventory problem as that of Yang [20] in a systematic manner, the main purpose of this paper is twofold: First of all, since Yang [20] does not seem to have defined(More)