EOQ-based pricing and customer credit decisions under general supplier payments

European Journal of Operational Research(2021)

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摘要
•A retailer gets an upstream ACC payment while granting a downstream trade credit.•Retailer's demand is a multiplicative function of selling price and credit period.•Optimal price is lower for upstream credit payment and higher for advance payment.•A downstream credit payment has higher price and credit period than a cash payment.•The highest profit is obtained when both up- and down-stream payments are credits.
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关键词
Pricing,Advance payment,Cash on delivery,Trade credit,Inventory management
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