IDEAS home Printed from https://ideas.repec.org/a/spr/topjnl/v20y2012i3p768-776.html
   My bibliography  Save this article

The correct proofs for the optimal ordering policy with trade credit under two different payment methods in a supply chain system

Author

Listed:
  • Kun-Jen Chung

    ()

Abstract

Cheng et al. (Top, 2010 . doi: 10.1007/s11750-08-0062-3 ) consider the optimal ordering policy with trade credit under two different payment methods. Under Assumption (5) by Cheng et al., the annual total relevant cost TRC(T) is only defined on a finite interval. However, Cheng et al. treat the domain of TRC(T) to be the set of all positive numbers such that the formulation and optimal solution of TRC(T) cause some errors. So, the main purpose of this paper not only removes those shortcomings by Cheng et al. but also presents the correct proofs for Theorems 1 and 2 of Cheng et al. Copyright Sociedad de Estadística e Investigación Operativa 2012

Suggested Citation

  • Kun-Jen Chung, 2012. "The correct proofs for the optimal ordering policy with trade credit under two different payment methods in a supply chain system," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 20(3), pages 768-776, October.
  • Handle: RePEc:spr:topjnl:v:20:y:2012:i:3:p:768-776
    DOI: 10.1007/s11750-010-0164-6
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11750-010-0164-6
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liang-Yuh Ouyang & Cheng-Ju Chuang & Chia-Huei Ho & Chien-Wei Wu, 2014. "An integrated inventory model with quality improvement and two-part credit policy," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 22(3), pages 1042-1061, October.
    2. Nita Shah, 2015. "Retailer’s replenishment and credit policies for deteriorating inventory under credit period-dependent demand and bad-debt loss," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 23(1), pages 298-312, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:topjnl:v:20:y:2012:i:3:p:768-776. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.