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.
Authors: Manisha Pal, Sujan Chandra
Institutions: University of Calcutta, Haldia Government College
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W1985098326
