abstract
- © Springer Science+Business Media New York 2014.The purpose of this study is two-fold. The first is to consider supplier¿s and retailer¿s trade-credit policy for fixed lifetime products and the second is to extend Mahata¿s 2012 model with time varying deterioration where Mahata (Expert Syst Appl 39(3): 3537¿3550, 2012) wrote exponential deterioration but actually he considered constant deterioration. We assume that the suppliers offer full trade-credit to retailers but retailers offer partial trade-credit to their customers. Some numerical examples along with graphical representations are given to illustrate the model.