search query: @author Jaggi, C. / total: 1
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Author:Aggarwal, S.
Jaggi, C.
Title:Ordering policies of deteriorating items under permissible delay in payments
Journal:Journal of the Operational Research Society
1995 : MAY, VOL. 46:5, p. 658-662
Index terms:INVENTORIES
OPERATIONAL RESEARCH
POLICY
Language:eng
Abstract:In developing mathematical models in inventory control it is assumed that payment will be made to the supplier for the goods immediately after receiving the consignment. However, in practice, it is found that the supplier allows a certain fixed period to settle the account. During this fixed period no interest is charged by the supplier, but beyond this period interest is charged under the terms and conditions agreed upon and, moreover, interest can be earned on the revenue received during the credit period.
SCIMA record nr: 130716
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