An easy-to-use theorem in the EPQ model under two levels of trade credit policy

Kun-Jen Chung College of Business, Chung Yuan Christian University, Chung-Li, 32023, Taiwan R.O.CCorrespondence[email protected]

Shy-Der Lin Department of Applied Mathematics and Business Administration, Chung Yuan Christian University, Chung-Li, 32023, Taiwan R.O.C

Abstract

Huang [European Journal of Operational Research, Vol. 176 (2007), pp. 1577–1591] investigates the optimal retailer's replenishment decisions in the EPQ model under two levels of trade credit policy. The main purpose of this paper is to present an easy-to-use theorem to unify and improve solution procedures in Huang (2007)

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