• AN EPQ MODEL PERMITTING TWO LEVELS OF TRADE CREDIT PERIOD

Abstract

In this paper discusses, an EPQ model for retailer’s inventory system to minimize the cost using production rate and demand rate are constant under two level credit, determines the retailers optimal replenishment cycle time. Theorem 1.4.1 establishes the convexity of the cost function. The supplier permits trade credit period enhancing the demand of the retailer. The retailer can also offer trade credit period.