Optimal pre-order strategy with delay in payments

2021 ◽  
Author(s):  
Wen Zhang ◽  
Weizhe Yang
Keyword(s):  
Delay In Payments

scholarly journals Delay in payment effects on productivity of small and medium construction companies in Oman: exploration and ranking

2021 ◽  
Author(s):  
Mubarak Al Alawi
Keyword(s):  
Cash Flow ◽  
Questionnaire Survey ◽  
Financial Stability ◽  
Construction Project ◽  
Internal Factors ◽  
Construction Productivity ◽  
Construction Companies ◽  
Productivity Rate ◽  
Delay In Payments ◽  
Productivity Factors

AbstractMaintaining a stable productivity rate in a construction project is a challenge. Many external and internal factors influence it. Delay in payment is one of the factors representing the project cash flow and mirrors the company’s financial stability status. This study explores the delay in payments effects on the construction productivity of the small and medium construction companies in Oman. Also, it ranks the delay in payment among other productivity factors. Sixty-five small and medium construction companies registered in Oman Tender Board participated in the questionnaire survey. The results showed that delay in payment significantly affects the financial stability of the companies. The delay in payment was ranked third out of 21 influencing productivity factors. The results were compared with a previous study that covered large construction companies in Oman. It was found that the rank of delay in payment in the small and medium construction is significantly higher than what was found in large companies.

scholarly journals Three-Echelon Inventory Model with Permissible Delay in Payments under Controllable Lead Time and Backorder Consideration

2014 ◽  
Vol 2014 ◽  
pp. 1-16 ◽  
Author(s):  
M. F. Yang ◽  
Wei-Chung Tseng
Keyword(s):  
Supply Chain ◽  
Lead Time ◽  
Critical Issue ◽  
Solution Procedure ◽  
Inventory Model ◽  
Permissible Delay In Payments ◽  
Inventory Policy ◽  
Controllable Lead Time ◽  
Key Factor ◽  
Delay In Payments

This paper proposes a three-echelon inventory model with permissible delay in payments under controllable lead time and backorder consideration to find out the suitable inventory policy to enhance profit of the supply chain. In today’s highly competitive market, the supply chain management has become a critical issue in both practice and academic and supply chain members have to cooperate with each other to bring more benefits. In addition, the inventory policy is a key factor to influence the performance of the supply chain. Therefore, in this paper, we develop a three-echelon inventory model with permissible delay in payments under controllable lead time and backorder consideration. Furthermore, the purpose of this paper is to maximize the joint expect total profit on inventory model and attempt to discuss the inventory policy under different conditions. Finally, with a numerical example provided here to illustrate the solution procedure, we may discover that decision-makers can control lead time and payment time to enhance the performance of the supply chain.

Stackelberg solution in a vendor–buyer supply chain model with permissible delay in payments

2013 ◽  
Vol 144 (1) ◽  
pp. 397-404 ◽  
Author(s):  
Maw-Sheng Chern ◽  
Qinhua Pan ◽  
Jinn-Tsair Teng ◽  
Ya-Lan Chan ◽  
Sheng-Chih Chen
Keyword(s):  
Supply Chain ◽  
Chain Model ◽  
Permissible Delay In Payments ◽  
Stackelberg Solution ◽  
Supply Chain Model ◽  
Delay In Payments

Delay-in-payments - A strategy to reduce carbon emissions from supply chains

2018 ◽  
Vol 170 ◽  
pp. 636-644 ◽  
Author(s):  
Salem M. Aljazzar ◽  
Amulya Gurtu ◽  
Mohamad Y. Jaber
Keyword(s):  
Supply Chains ◽  
Carbon Emissions ◽  
Delay In Payments

Fuzzy Economic Production Quantity Model for Weibull Deteriorating Items with Ramp Type of Demand

2011 ◽  
Vol 2 (3) ◽  
pp. 55-90 ◽  
Author(s):  
R. Uthayakumar ◽  
M. Valliathal
Keyword(s):  
Deteriorating Items ◽  
Quantity Discounts ◽  
Setup Cost ◽  
Economic Production Quantity ◽  
Deterministic Demand ◽  
Economic Production ◽  
Holding Cost ◽  
Production Quantity ◽  
Delay In Payments ◽  
The Cost

This paper discusses an Economic Production Quantity model for Weibull deteriorating items over an infinite time horizon under fuzzy environment. Fuzziness is introduced by allowing the cost components such as setup cost, production cost, holding cost, shortage cost and opportunity cost due to lost sales to certain extent. Triangular fuzzy numbers are used to represent the mentioned costs. Optimum policies of the described models under fuzzy costs are derived. The proposed model can be extended in several ways. For instance, the deterministic demand function to stochastic fluctuating demand patterns could be considered. The model could also be generalized to allow for quantity discounts, as well as permissible delay in payments.

scholarly journals An Inventory Model for Deteriorating Items under Conditionally Permissible Delay in Payments Depending on the Order Quantity

2014 ◽  
Vol 05 (17) ◽  
pp. 2675-2695 ◽  
Author(s):  
Sumana Bera ◽  
Samarjit Kar ◽  
Tripti Chakraborti ◽  
Bani Kumar Sinha
Keyword(s):  
Inventory Model ◽  
Deteriorating Items ◽  
Order Quantity ◽  
Permissible Delay In Payments ◽  
Delay In Payments
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