An EPQ model for two-warehouse in unremitting release pattern with two-level trade credit period concerning both supplier and retailer

作者:

Highlights:

• A Two warehouse EPQ model with continuous release, under trade credit is solved

• New method for retailer's payment to supplier, which increases profit is presented

• Comparison between conventional and new approach is drawn through tables and graphs

• Integrated two warehouse inventory model with two level trade credit is introduced

• In particular, results of models with single level credit/single store are derived

摘要

•A Two warehouse EPQ model with continuous release, under trade credit is solved•New method for retailer's payment to supplier, which increases profit is presented•Comparison between conventional and new approach is drawn through tables and graphs•Integrated two warehouse inventory model with two level trade credit is introduced•In particular, results of models with single level credit/single store are derived

论文关键词:EPQ model,Two-warehouse,Trade credit,Continuous release pattern,Alternative approach of payment

论文评审过程:Received 1 September 2014, Revised 10 September 2015, Accepted 20 October 2015, Available online 5 December 2015, Version of Record 5 December 2015.

论文官网地址:https://doi.org/10.1016/j.amc.2015.10.057