Research on Retailer's Economic Order Quantity Strategy under Trade Credit and Quantity Discount Policies with Taking Account of Present Value

Autor: Li-Hua Liao, 廖麗華
Rok vydání: 2009
Druh dokumentu: 學位論文 ; thesis
Popis: 97
This study explores the optimal inventory-supply strategies of retailers while considering two levels trade credit model based on present value viewpoint. Suppliers would yield certain duration to delay the payment when retailers order purchase. At the same time, retailers yield certain duration of payment to end customers as well. Suppliers, retailers and end customers get their own advantages through this kind of two levels trade credit model. Except for the delay-payment model, this study researches relative conditions about discount-policy as well. Under the actual transaction circumstances, suppliers may support quantity discount to retailers, which would stimulate retailers’ desire to purchase. While adding the amount of money and quantity, relative cost like holding and carrying cost would raise. This article intends to help retailers to find the most beneficial transaction model based on available conditions under the simulated actual transaction circumstances. It considers relative factors including two levels trade credit model, price differences on purchase and sale, discount policy, and time value of cash flow. Then it calculates net present value of total relevant cost of retailers when the planed period of time is unlimited (business go for permanent). Furthermore, this study explores the optimal cycle time of retailers when the net present value of all relative cost minimized.
Databáze: Networked Digital Library of Theses & Dissertations