ORDERING, PRICING AND WARRANTY DECISION MODELS UNDER TWO-LEVEL TRADE CREDIT

Autor: Qing-Hua He, 何晴樺
Rok vydání: 2011
Druh dokumentu: 學位論文 ; thesis
Popis: 99
In current businesses, companies often provide a credit and warranty period to customers to increase their competitiveness. This paper develops an EOQ model under warranty policy and two-level trade credits. This means the company not only receives a credit period from the supplier but also provides a credit period to customers. Businesses currently offer a warranty period to customers for proving customer satisfaction and brand reputation. This research consided the inference of warranty cost on trade credit from a retailer standpoint. This paper determines the optimal inventory decision. Lemmas and theorems based on optimization were developed to solve the problem. This work also developed model 2 to consider that demand will infer a pricing and warranty period, and a search-based algorithm to solve the problem. This paper utilizes numerical examples to illustrate the solution procedures. Finally, some conclusions are drawn.
Databáze: Networked Digital Library of Theses & Dissertations