Optimal Policies for Deteriorating Items with Maximum Lifetime and Two-Level Trade Credits

The retailer’s optimal policies are developed when the product has fixed lifetime and also the units in inventory are subject to deterioration at a constant rate. This study will be mainly applicable to pharmaceuticals, drugs, beverages, and dairy products, and so forth. To boost the demand, offerin...

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Bibliographic Details
Main Authors: Nita H. Shah, Dushyantkumar G. Patel, Digeshkumar B. Shah
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/2014/365929
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