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Journal of Applied Sciences
  Year: 2005 | Volume: 5 | Issue: 2 | Page No.: 273-276
DOI: 10.3923/jas.2005.273.276
 
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An EPQ Model Under Permissible Delay in Payments and Cash Discount

Yung-Fu Huang and Ying-Shiou Lin

Abstract:
This study tries to investigate the retailer`s optimal replenishment policy under permissible delay in payments and cash discount within the EPQ framework. Mathematical models have been derived for obtaining the optimal cycle time for item so that the annual total relevant cost is minimized. Furthermore, numerical examples are given to illustrate the results developed in this study.
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How to cite this article:

Yung-Fu Huang and Ying-Shiou Lin , 2005. An EPQ Model Under Permissible Delay in Payments and Cash Discount. Journal of Applied Sciences, 5: 273-276.

DOI: 10.3923/jas.2005.273.276

URL: https://scialert.net/abstract/?doi=jas.2005.273.276

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