An EOQ model with backordering for perishable items under multiple advanced and delayed payments policies

作     者：Prasanta Kumar Ghosh Amalesh Kumar Manna Jayanta Kumar Dey Samarjit Kar 

作者机构：Department of MathematicsNational Institute of Technology DurgapurDurgapurIndia Department of MathematicsThe University of BurdwanBurdwanIndia Department of MathematicsMahishadal Raj CollegePurba MedinipurIndia Department of MathematicsY.S.Palpara MahavidyalayaPurba MedinipurIndia 

出 版 物：《Journal of Management Analytics》 (管理分析学报（英文）)

年 卷 期：2022年第9卷第3期

页      面：403-434页

核心收录：

学科分类：0202[经济学-应用经济学] 1202[管理学-工商管理] 07[理学] 0714[理学-统计学（可授理学、经济学学位）] 0701[理学-数学] 

主　　题：inventory perishable item expiry date advance payment delayed payment 

摘      要：This study investigated an economic order quantity (EOQ) model with completebackorder for fixed lifetime perishable items under multiple advance and delayedpayments policies. Here, a new type of business policy is consideredwhere supplieroffers the retailer to pay a fraction of the purchasing cost before the order deliverybymultiple equal installments starting from the ordering time and the rest amountafter the delivery by multiple equal installments. Here, some theoretical results areillustrated to determine the conditions of existence and uniqueness of the optimalsolutions. A closed form solution is determined to solve the proposed model underapproximation. Some numerical examples are provided to examine the validity ofthe proposed model. Finally, sensitivity analyses are presented to obtain the effectof optimal policy and provide some managerial insights of the model.