An EPQ Inventory Model with Allowable Shortages for Deteriorating Items under Trade Credit Policy

Table 2

The results of Example 2 for 𝑀=10.

Parameter	Value		𝑇 (days)	𝑄 (units)	𝑣 ($)	𝐷 (units/year)	NP ($)
𝐴	30	GA-One-level	45.97	3828.60	30.0223	30395.21	608243.63
		CS-One-level	33.86	2821.24	30.0103	30413.33	608261.92
		CS-Traditional	48.27	4019.74	30.0224	30394.97	608126.60
	40	GA-One-level	54.93	4574.64	30.0226	30394.67	608153.44
		CS-One-level	43.85	3653.42	30.0162	30404.41	608167.98
		CS-Traditional	55.74	4641.77	30.0259	30389.70	608056.41
	50	GA-One-level	57.41	4779.24	30.0291	30384.82	608086.72
		CS-One-level	51.97	4328.51	30.0206	30397.70	608091.80
		CS-Traditional	62.33	5189.82	30.0289	30385.06	607994.59
	60	GA-One-level	63.30	5271.15	30.0256	30390.19	608023.33
		CS-One-level	58.98	4911.71	30.0243	30392.13	608026.00
		CS-Traditional	68.29	5685.33	30.0317	30380.87	607938.70
	70	GA-One-level	67.31	5604.17	30.0290	30385.02	607966.54
		CS-One-level	65.24	5432.70	30.0275	30387.27	607967.23
		CS-Traditional	73.77	6141.03	30.0342	30377.01	607887.32
𝜌	0.70	GA-One-level	49.30	4089.80	30.1175	30251.54	607622.01
		CS-One-level	28.06	2336.10	30.0307	30382.35	607788.54
		CS-Traditional	35.98	2993.27	30.0501	30352.91	607565.54
	0.75	GA-One-level	51.46	4268.38	30.1072	30267.01	607735.61
		CS-One-level	31.39	2613.57	30.0295	30384.27	607842.23
		CS-Traditional	39.42	3279.55	30.0458	30359.53	607653.97
	0.80	GA-One-level	52.13	4333.90	30.0611	30336.43	607852.03
		CS-One-level	35.72	2974.51	30.0274	30387.36	607908.43
		CS-Traditional	44.07	3667.42	30.0409	30366.87	607751.80
	0.85	GA-One-level	53.26	4433.41	30.0330	30378.87	607967.76
		CS-One-level	41.88	3487.49	30.0245	30391.72	607989.66
		CS-Traditional	50.89	4235.89	30.0354	30375.19	607862.85
	0.90	GA-One-level	57.41	4779.24	30.0291	30384.82	608086.72
		CS-One-level	51.97	4328.51	30.0206	30397.70	608091.80
		CS-Traditional	62.33	5189.82	30.0289	30385.06	607994.59
𝐼𝑝	0.04	GA-One-level	61.29	5103.49	30.0276	30387.09	608092.04
		CS-One-level	52.90	4406.68	30.0202	30398.26	608100.44
		CS-Traditional	63.46	5283.68	30.0284	30385.84	608004.95
	0.05	GA-One-level	56.99	4746.27	30.0225	30394.83	608092.76
		CS-One-level	52.42	4366.20	30.0204	30397.97	608096.00
		CS-Traditional	62.87	5235.08	30.0287	30385.44	607999.63
	0.06	GA-One-level	57.41	4779.24	30.0291	30384.82	608086.72
		CS-One-level	51.97	4328.51	30.0206	30397.70	608091.80
		CS-Traditional	62.33	5189.82	30.0289	30385.06	607994.59
	0.07	GA-One-level	58.15	4840.28	30.0334	30407.61	608081.51
		CS-One-level	51.55	4293.32	30.0208	30397.45	608087.80
		CS-Traditional	61.83	5147.57	30.0292	30384.71	607989.80
	0.08	GA-One-level	58.32	4855.45	30.0287	30385.48	608075.62
		CS-One-level	51.15	4260.38	30.0209	30397.21	608084.01
		CS-Traditional	61.35	5108.04	30.0294	30384.37	607985.25
𝐼𝑒	0.02	GA-One-level	62.84	5232.03	30.0276	30387.07	608036.64
		CS-One-level	57.38	4778.64	30.0250	30390.97	608040.99
	0.03	GA-One-level	58.90	4904.98	30.0234	30393.46	608063.15
		CS-One-level	54.74	4559.14	30.0229	30394.21	608065.76
	0.04	GA-One-level	57.41	4779.24	30.0291	30384.82	608086.72
		CS-One-level	51.97	4328.51	30.0206	30397.70	608091.80
	0.05	GA-One-level	55.00	4579.68	30.0269	30388.21	608112.95
		CS-One-level	49.04	4084.84	30.0181	30401.50	608119.30
	0.06	GA-One-level	55.54	4626.30	30.0194	30399.52	608136.73
		CS-One-level	45.92	3825.66	30.0153	30405.69	608148.56