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Retailer's EOQ Model with Limited Storage Space Under Partially Permissible Delay in Payments

机译:在部分允许的付款延迟下具有有限存储空间的零售商的EOQ模型

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The main purpose of this paper wants to investigate the optimal retailer's lot-sizing policy with two warehouses under partially permissible delay in payments within the economic order quantity (EOQ) framework. In this paper, we want to extend that fully permissible delay in payments to the supplier would offer the retailer partially permissible delay in payments. That is, the retailer must make a partial payment to the supplier when the order is received. Then the retailer must pay off the remaining balance at the end of the permissible delay period. In addition, we want to add the assumption that the retailer's storage space is limited. That is, the retailer will rent the warehouse to store these exceeding items when the order quantity is larger than retailer's storage space. Under these conditions, we model the retailer's inventory system as a cost minimization problem to determine the retailer's optimal cycle time and optimal order quantity. Three theorems are developed to efficiently determine the optimal replenishment policy for the retailer. Finally, numerical examples are given to illustrate these theorems and obtained a lot of managerial insights.
机译:本文的主要目的是研究在经济订单数量(EOQ)框架内部分允许延迟付款的情况下,具有两个仓库的最佳零售商的批量策略。在本文中,我们希望将完全允许的付款延迟扩展到供应商,这将为零售商提供部分允许的付款延迟。即,零售商必须在收到订单时向供应商支付部分款项。然后,零售商必须在允许的延迟期限结束时还清剩余余额。另外,我们要添加以下假设:零售商的存储空间有限。即,当订单数量大于零售商的存储空间时,零售商将出租仓库以存储这些多余的物品。在这种情况下,我们将零售商的库存系统建模为成本最小化问题,以确定零售商的最佳周期时间和最佳订单数量。建立了三个定理,以有效地确定零售商的最佳补货策略。最后,通过数值例子说明了这些定理,并获得了许多管理上的见识。

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