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In this article, we formulate a supply chain model with single vendor and single buyer considering quality improvement. We assume that the buyer purchases under trade credit linked to the order quantity offered by the supplier. In addition, the buyer pays the freight charge according to a weight schedule. Further, demand is assumed to be sensitive to the buyer’s selling price. Also the production...
In this paper, we proposed a generalized, integrated, supplier–retailer inventory model using a trade credit policy. The trade credit policy adopted here is a two-level trade credit policy in which the supplier offers the retailer a permissible delay period M, and the retailer in turn provides customers a permissible delay period N. Cases where M>N and M⩽N are explored thoroughly. In addition,...
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