The joint replenishment problem with trade credits

Jen Yen Lin*, Ming Jong Yao

*Corresponding author for this work

研究成果: Article同行評審

摘要

It is a widespread financial practice in procurement management for a supplier aiming to attract customers to offer trade credits when customers make inquiries about the sold products. In this paper, we examine the joint replenishment problem considering trade credits (JRP-TC) under the power-of-two (PoT) policy. We formulate a mathematical model and conduct an analysis that reveals insights into the properties of the optimal objective function. From there, we propose an effective search algorithm that obtains the global optimal solution for the JRP-TC under the PoT policy. Our complexity analysis shows that the JRP-TC and the conventional joint replenishment problem under the PoT policy are pseudo-polynomial time solvable.

原文English
頁(從 - 到)347-382
頁數36
期刊Journal of Global Optimization
76
發行號2
DOIs
出版狀態Published - 1 二月 2020

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