A finite horizon deteriorating inventory model with two-phase pricing and time-varying demand and cost under trade credit financing using particle swarm optimization

In this paper, we consider a deterministic economic order quantity model with generalized type demand, deterioration and unit purchase cost functions under two levels of trade credit policy. Our objective is to find the optimal values of selling prices, replenishment number and replenishment scheme...

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Bibliographic Details
Published in:Swarm and evolutionary computation Vol. 5; pp. 37 - 53
Main Author: Dye, Chung-Yuan
Format: Journal Article
Language:English
Published: Elsevier B.V 01.08.2012
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ISSN:2210-6502
Online Access:Get full text
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