The optimal trade credit term and production lot sizes considering shortage cost in manufacturing industry

DOI

10.2991/emeeit-15.2015.105How to use a DOI?

Keywords

Trade credit, Production lot size, Manufacturing industry

Abstract

As supply chain finance developed, more and more enterprises in manufacturing industry can have better payment terms with their cooperator. This paper consider the decision of the optimal trade credit term and production lot sizes considering shortage cost in manufacturing industry. We build a model with which we can prove that there exist the optimal trade credit term and production lot sizes for enterprises in manufacturing industry.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Guang Yang
PY  - 2015/11
DA  - 2015/11
TI  - The optimal trade credit term and production lot sizes considering shortage cost in manufacturing industry
BT  - Proceedings of the 2015 International conference on Engineering Management, Engineering Education and Information Technology
PB  - Atlantis Press
SP  - 543
EP  - 546
SN  - 2352-538X
UR  - https://doi.org/10.2991/emeeit-15.2015.105
DO  - 10.2991/emeeit-15.2015.105
ID  - Yang2015/11
ER  -