Work

A periodic review inventory model with stock dependent demand, permissible delay in payment and price discount on backorders

Year: 2013
Type: article
Abstract: In this paper we study a periodic review inventory model with stock dependent demand. When stock on hand is zero, the inventory manager offers a price discount to customers who are willing to backorder their demand. Permissible delay in payments allowed to the inventory manager is also taken into account. Numerical examples are cited to illustrate the model.
Language: English
Open Access status: diamond
OpenAlex ID: W1985098326
FWCI: 2.697
Cites: 41
Cited by: 18
Related to: 10