An analysis of light buyer's economic order model under trade credit

An analysis of light buyer's economic order model under trade credit

0.00 Avg rating0 Votes
Article ID: iaor20003295
Country: Singapore
Volume: 16
Issue: 1
Start Page Number: 23
End Page Number: 34
Publication Date: May 1999
Journal: Asia-Pacific Journal of Operational Research
Authors: ,
Keywords: credit, economic order
Abstract:

Buyer's inventory policy is related to the credit line and credit period offered by the supplier. A mathematical inventory model of a light buyer is formulated under trade credit and its optimal solution can be determined by five financial indices. On comparing these five financial indices in size, the economic order quantity can be decided. Financial managers can make reference to this property when they make the investment and financing policies of working capital.

Reviews

Required fields are marked *. Your email address will not be published.