An Algebraically Derived Minimal Cost Solution Technique of the EOQ Model Under Conditional Trade Credit

@inproceedings{Huang2010AnAD,
  title={An Algebraically Derived Minimal Cost Solution Technique of the EOQ Model Under Conditional Trade Credit},
  author={Yung-Fu Huang},
  year={2010}
}
In 1985, Goyal considered the retailer’s inventory replenishment problem under trade credit independent of the order quantity and the retailer’s unit selling price and the purchasing price per unit were equal. In this paper, the restrictive assumptions of the trade credit independent of the order quantity and the retailer’s unit selling price equaled to the purchasing price per unit are relaxed to fit real business situations. This paper investigates the retailer’s inventory problem under trade… CONTINUE READING