Research on the third part logistics company's financing pricing under conditions of permissible delay in payments for exponentially deteriorating products

Author(s):  
Bo Yuan ◽  
Chuanxu Wang
2014 ◽  
Vol 2014 ◽  
pp. 1-16 ◽  
Author(s):  
M. F. Yang ◽  
Wei-Chung Tseng

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.


2013 ◽  
Vol 144 (1) ◽  
pp. 397-404 ◽  
Author(s):  
Maw-Sheng Chern ◽  
Qinhua Pan ◽  
Jinn-Tsair Teng ◽  
Ya-Lan Chan ◽  
Sheng-Chih Chen

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