The optimal retailer's ordering policies for deteriorating items with limited storage capacity under trade credit financing

By Kun-Jen Chung, Tien-Shou Huang. 2007

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Review of inventory systems with deterioration since 2001 (2012, background): “Most multi-echelon deteriorating inventory models are restricted to two echelons, and with three exceptions [24,48,238] these consider the single supplier – single buyer setting [24,49, 52,59,76,97,107,110,114,120,135,138,159,174,176,226,232,234,239, 240].”
Inventory models and trade credit: a review (2010, background): “Chung and Huang (2007) developed a retailer’s replenishment model to reflect the real-life situations by assuming that the retailer also adopts the trade credit policy to stimulate his/her customer demand.”
A two storage inventory model for deteriorating items with variable demand and partial backlogging (2015, background): “In the year 2007, Chung and Huang [7] proposed two-warehouse inventory model for deteriorating items.”
A two-warehouse probabilistic model with price discount on backorders under two levels of trade-credit policy (2020, background): “2007: Chung and Huang [7] worked on a two-warehouse inventory model for deteriorating items under trade credit and the assumption that the deterioration rates in the two warehouses are the same.”