A joint approach for setting unit price and the length of the credit period for a seller when end demand is price sensitive

By Prakash L. Abad, Chandra K. Jaggi. 2003

343 citations recorded by the source corpus.

Subfields: Industrial and Manufacturing Engineering, Management Information Systems, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d125456d7963dfd12fe3578efd53e24ef6bc89fc

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In Industrial and Manufacturing Engineering

In Management Information Systems

In Strategy and Management

Citations in the corpus

Supply chain coordination with trade credit and quantity discount incorporating default risk (2014, neutral): “…1995; Jamal et al., 1997; Ouyang et al., 2009; Musa and Sani, 2012; Yu, 2013; Chung et al., 2014); price sensitive demand (Arcelus et al., 2001; Abad and Jaggi, 2003; Teng and Chang, 2005); linear non-decreasing demand (Teng et al., 2012; Teng and Chang, 2012); two-part terms of delayed…”
Inventory models and trade credit: a review (2010, background): “They derived the conditions under which the standard solution reduces to optimal solution.”
Stackelberg solution in a vendor-buyer supply chain model with permissible delay in payments. (2013, background): “Abad and Jaggi (2003) determined both the seller's and the buyer's policies under non-cooperative as well as cooperative relationships.”
The optimal inventory policies under permissible delay in payments depending on the ordering quantity (2005, background): “Abad and Jaggi (2003) developed a joint approach to determine for the seller the optimal unit price and the length of the credit period when end demand is price sensitive. Chung and Huang (2003) investigated this issue within EPQ framework and developed an efficient solution procedure to determine t”
An inventory model under two levels of trade credit and limited storage space derived without derivatives (2006, background): “Aggarwal and Jaggi [2] considered the inventory model with an exponential deterioration rate under the condition of permissible delay in payments.”
A review of trade credit literature: Opportunities for research in operations (2013, methodology): “Abad and Jaggi (2003) introduce cooperative behavior, modeled as a set of Pareto-efficient solutions. The particular solution depends on a profit-sharing parameter that the supplier and the retailer establish through negotiation . Example problems suggest that under both behaviors it is advantag eou”
Production, Manufacturing and Logistics Economic order quantity under conditionally permissible delay in payments (2007, background): “Abad and Jaggi [1] formulated models of seller-buyer relationship, they provided procedures for finding the seller s and buyer s best policies under non-cooperative and cooperative relationship respectively.”