article
Economic Order Quantity under Conditions of Permissible Delay in Payments
Journal of the Operational Research Society · 1985 · Vol. 36(4) · pp. 335–338
S.K. Goyal✉(Concordia University)
Abstract
In this paper, mathematical models have been derived for obtaining the economic order quantity for an item for which the supplier permits a fixed delay in settling the amount owed to him. An example has been solved to illustrate the method.
Supply Chain and Inventory ManagementScheduling and Optimization AlgorithmsAdvanced Research in Systems and Signal ProcessingEconomic order quantityOrder (exchange)PaymentComputer scienceOperations researchMathematical optimizationSettlingEconomicsEconometricsMathematics
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1,199
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