An economic order quantity model for deteriorating item in a purchasing system with multiple prepayments

@inproceedings{Taleizadeh2015AnEO,
  title={An economic order quantity model for deteriorating item in a purchasing system with multiple prepayments},
  author={Ata Allah Taleizadeh},
  year={2015}
}
In the classic economic order quantity model the purchasing cost of an order should be paid at the time of its receipt. Sometimes, retailers ask purchasers to pay all or a fraction of the purchasing cost in advance and sometimes allow them to divide the prepayment into several equal-sized parts. In this paper, economic order quantity model for a deteriorating product with and without shortage under consecutive prepayments are developed. Numerical examples illustrate the proposed models and… CONTINUE READING