Reviewing the literature of inventory models under trade credit contact

• Main Authors: Molamohamadi, Zohreh, Ismail, Napsiah, Leman, Zulkiflle, Zulkifli, Norzima
• Format: Article
• Language: English
• Published: Hindawi Publishing Corporation 2014
• Online Access: http://psasir.upm.edu.my/id/eprint/35264/1/35264.pdf; http://psasir.upm.edu.my/id/eprint/35264/; http://www.hindawi.com/journals/ddns/2014/975425/abs/
• Institution: Universiti Putra Malaysia

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...