| Article ID: | iaor19992783 |
| Country: | India |
| Volume: | 19 |
| Issue: | 3 |
| Start Page Number: | 411 |
| End Page Number: | 416 |
| Publication Date: | Sep 1998 |
| Journal: | Information & Optimization Sciences |
| Authors: | Chung Kun-Jen |
| Keywords: | economic order |
In 1985, Goyal derived the mathematical model to get the economic order quantity under conditions of permissible delay in payments. The inventory model developed in this paper analyses the same problem under different assumptions from that of Goyal, obtaining different results.