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Continuous review inventory model with delay in payments

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dc.contributor.author El-Kassar, A. N.
dc.contributor.author Salameh, M. K.
dc.contributor.author Abboud, N. E.
dc.contributor.author Ghattas, R. E.
dc.date.accessioned 2017-04-06T10:54:12Z
dc.date.available 2017-04-06T10:54:12Z
dc.date.copyright 2003 en_US
dc.identifier.issn 0925-5273 en_US
dc.identifier.uri http://hdl.handle.net/10725/5500
dc.description.abstract In this paper, we examine the continuous review inventory model under permissible delays in payments. That is, a retailer has the option of either paying for the goods immediately upon the receipt of the order or delay the payment till the next replenishment order, where interest will be charged over the delay period. Expected demand will be assumed constant over time, and the order lead-time is considered random. The objective is to find the optimal ordering quantity and reorder level that will maximize the vendor's total expected profit per unit time when payments are delayed. en_US
dc.language.iso en en_US
dc.title Continuous review inventory model with delay in payments en_US
dc.type Article en_US
dc.description.version Published en_US
dc.author.school SOB en_US
dc.author.idnumber 199529190 en_US
dc.author.idnumber 197829670
dc.author.department Department of Information Technology and Operations Management (ITOM) en_US
dc.description.embargo N/A en_US
dc.relation.journal International Journal of Production Economics en_US
dc.journal.volume 85 en_US
dc.journal.issue 1 en_US
dc.article.pages 91-95 en_US
dc.identifier.doi http://dx.doi.org/10.1016/S0925-5273(03)00089-6 en_US
dc.identifier.ctation Salameh, M. K., Abboud, N. E., El-Kassar, A. N., & Ghattas, R. E. (2003). Continuous review inventory model with delay in payments. International Journal of Production Economics, 85(1), 91-95. en_US
dc.author.email abdulnassar.kassar@lau.edu.lb en_US
dc.author.email rghattas@lau.edu.lb
dc.identifier.tou http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php en_US
dc.identifier.url http://www.sciencedirect.com/science/article/pii/S0925527303000896 en_US
dc.orcid.id https://orcid.org/0000-0002-8423-8723
dc.author.affiliation Lebanese American University en_US


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