Reviewing the literature of inventory models under trade credit contact
In the classical inventory models, it was assumed that the buyer pays for the purchased items as they are received from the seller. In practice, however, the seller allows the buyer to settle the account with a delay period. Such a contract has attracted the attention of many researchers and practit...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Hindawi Publishing Corporation
2014
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/35264/ http://psasir.upm.edu.my/id/eprint/35264/1/35264.pdf |
| _version_ | 1848848006033440768 |
|---|---|
| author | Molamohamadi, Zohreh Ismail, Napsiah Leman, Zulkiflle Zulkifli, Norzima |
| author_facet | Molamohamadi, Zohreh Ismail, Napsiah Leman, Zulkiflle Zulkifli, Norzima |
| author_sort | Molamohamadi, Zohreh |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | In the classical inventory models, it was assumed that the buyer pays for the purchased items as they are received from the seller. In practice, however, the seller allows the buyer to settle the account with a delay period. Such a contract has attracted the attention of many researchers and practitioners in recent years. Thus, this paper addresses the researches with delay in payment and presents pertinent information about developments and extensions of such models to provide an up-to-date review of the studies conducted since 1973 and assist in developing the future researches. |
| first_indexed | 2025-11-15T09:27:38Z |
| format | Article |
| id | upm-35264 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:27:38Z |
| publishDate | 2014 |
| publisher | Hindawi Publishing Corporation |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-352642016-09-20T05:34:30Z http://psasir.upm.edu.my/id/eprint/35264/ Reviewing the literature of inventory models under trade credit contact Molamohamadi, Zohreh Ismail, Napsiah Leman, Zulkiflle Zulkifli, Norzima In the classical inventory models, it was assumed that the buyer pays for the purchased items as they are received from the seller. In practice, however, the seller allows the buyer to settle the account with a delay period. Such a contract has attracted the attention of many researchers and practitioners in recent years. Thus, this paper addresses the researches with delay in payment and presents pertinent information about developments and extensions of such models to provide an up-to-date review of the studies conducted since 1973 and assist in developing the future researches. Hindawi Publishing Corporation 2014 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/35264/1/35264.pdf Molamohamadi, Zohreh and Ismail, Napsiah and Leman, Zulkiflle and Zulkifli, Norzima (2014) Reviewing the literature of inventory models under trade credit contact. Discrete Dynamics in Nature and Society, 2014. art. no. 975425. pp. 1-19. ISSN 1026-0226; ESSN: 1607-887X http://www.hindawi.com/journals/ddns/2014/975425/abs/ 10.1155/2014/975425 |
| spellingShingle | Molamohamadi, Zohreh Ismail, Napsiah Leman, Zulkiflle Zulkifli, Norzima Reviewing the literature of inventory models under trade credit contact |
| title | Reviewing the literature of inventory models under trade credit contact |
| title_full | Reviewing the literature of inventory models under trade credit contact |
| title_fullStr | Reviewing the literature of inventory models under trade credit contact |
| title_full_unstemmed | Reviewing the literature of inventory models under trade credit contact |
| title_short | Reviewing the literature of inventory models under trade credit contact |
| title_sort | reviewing the literature of inventory models under trade credit contact |
| url | http://psasir.upm.edu.my/id/eprint/35264/ http://psasir.upm.edu.my/id/eprint/35264/ http://psasir.upm.edu.my/id/eprint/35264/ http://psasir.upm.edu.my/id/eprint/35264/1/35264.pdf |