Optimal ordering policy for short life-cycle products under credit financing with dynamic adoption in supply chain
作者机构:Department of ManagementBITS PilaniPilaniIndia FORE School of ManagementNew DelhiIndia
出 版 物:《Journal of Management Analytics》 (管理分析学报(英文))
年 卷 期:2019年第6卷第3期
页 面:269-301页
核心收录:
学科分类:0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学]
基 金:The authors are thankful to the two anonymous referees for their critical review of the earlier version of the paper. Authors are also thankful to the editor of the journal for his suggestions. This paper was revised in light of the comments. Authors are particularly thankful to BITS Pilani Rajasthan and FORE School of Management New Delhi for providing infrastructural support
主 题:inventory stage-wise diffusion unfavorable information short life cycle trade credit
摘 要:Traditional inventory models are mostly ignorant of the life cycle dynamics of a technology product;hence,they often fail to identify different dimensions of inventory *** paper attempts to investigate the relationship between adoption behavior of customers using life cycle dynamics and associated trade credit policies in order to optimize the total inventory *** demand model used in this paper treats sales as a function of awareness diffusion and *** is considered as a function of feedback effects from users/***’s optimal strategies for short life cycle product under credit financing were determined ***,numerical examples have been used to support the theoretical *** results have further been used to gain some managerial insights.