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《Industrial Engineering Journal》 2009-01
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Optimal Replenishment Decisions under the Conditions of Permissible Delay in Payments based on the Model of Economic Production Quantity

Ma Ke1,Guo Wei1,2,Zhang Cong-hui1,Fu Cun-lin3(1.School of Management,Tianjin University,Tianjin 300072,China;2.School of Mechanics Engineering,Tianjin University,Tianjin 300072,China;3.School of Aeronautic and Mechanical Engineering,Nanchang Hangkong University,Nanchang 330063,China)  
This paper takes as the objective of a supply chain consisting of a supplier and a retailer.Under the conditions of finite replenishment rate,the paper proposes optimal replenishment decisions for the retailer according to the credit period of time offered by the supplier,and establishes a total cost mathematical model for the retailer.The sensitivity analysis of an example demonstrates that parameters of the model influence the optimal replenishment decisions.
【Fund】: 国家863/CIMS主题资助项目(2007AA04Z115)
【CateGory Index】: F253.4;F224
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