Discrete Dynamics in Nature and Society / 2014 / Article / Tab 1 / Review Article
Reviewing the Literature of Inventory Models under Trade Credit Contact Table 1 Summary of related literature for trade credits.
Author Model Demand type A B C D E F Haley and Higgins [5 ] EOQ Constant — — — — — — Chapman et al. [6 ] EOQ Constant — — — — — — Goyal [7 ] EOQ Constant — — — — — — Ventura [8 ] EOQ Constant — — ✓ — — — Dave [9 ] EOQ Constant — — — — — — Chung [10 ] EOQ Constant — — — — — ✓ Jaggi and Aggarwal [11 ] EOQ Constant — ✓ — — — ✓ Aggarwal and Jaggi [12 ] EOQ Constant — ✓ — — — — Khouja and Mehrez [13 ] EOQ Constant — — — ✓ — — Hwang and Shinn [14 ] EOQ Price dependent — ✓ — — — — Jamal et al. [15 ] EOQ Constant ✓ ✓ — — — — Chung [16 ] EOQ Constant — — — — — — Chu et al. [17 ] EOQ Constant — ✓ — — — — Sarker et al. [18 ] EOQ Constant ✓ ✓ — — — ✓ Liao et al. [19 ] EOQ Stock dependent — ✓ — — — ✓ Jamal et al. [20 ] EOQ Constant — ✓ — — — — Chang and Dye [21 ] EOQ Constant ✓ ✓ — — — — Chung et al. [22 ] EOQ Constant — ✓ — — — — Chang et al. [23 ] EOQ Constant — ✓ — — — — Teng [24 ] EOQ Constant — — — — — —
Ouyang et al. [25 ] EOQ Constant — — — — — — Shinn and Hwang [26 ] EOQ Price dependent — — — ✓ — — Abad and Jaggi [27 ] Noncooperative and cooperative Price dependent — — — — — — Chung and Huang [28 ] EOQ Constant — — — — — — Chung and Huang [29 ] EPQ Constant — — — — — — Huang [30 ] EOQ Constant — — ✓ — — — Chang et al. [31 ] EOQ Time dependent — ✓ — ✓ — — Huang and Chung [32 ] EOQ Constant — — — — — — Chung and Liao [33 ] EOQ Constant — ✓ — ✓ — — Chang and Teng [34 ] EOQ Constant — ✓ — — — — Chung et al. [35 ] EOQ Constant — — — ✓ — — Ouyang et al. [36 ] EOQ Constant — ✓ — — — — Teng et al. [37 ] EOQ Price dependent — ✓ — — — — Huang [38 ] EOQ Constant — — — — — — Huang [39 ] EOQ Constant — — — — — — Teng [40 ] EOQ Constant — — — — — ✓ Ouyang et al. [41 ] EOQ Constant ✓ ✓ — — — — Chung and Liao [42 ] EOQ Constant — ✓ — ✓ — ✓ Huang [43 ] EOQ Constant — — ✓ — ✓ — Chung and Huang [44 ] EOQ Constant — ✓ — — ✓ — Chung and Huang [45 ] EOQ Constant — — — — — — Wu et al. [46 ] EOQ Stock dependent ✓ ✓ — — — — Teng et al. [47 ] EPQ Price dependent — — ✓ — — — Chen and Ouyang [48 ] EOQ Constant ✓ ✓ — — — — Ouyang et al. [49 ] EOQ Constant — ✓ — — — — Huang [50 ] EOQ Constant — — — ✓ — — Huang [51 ] EPQ Constant — — ✓ — — — Teng et al. [52 ] EOQ Constant — — ✓ — — — Chung and Huang [53 ] EOQ Constant — ✓ ✓ — ✓ — Goyal et al. [54 ] EOQ Constant — — — — — — Teng and Goyal [55 ] EOQ Constant — — ✓ — — — Su et al. [56 ] Integrated Credit dependent — — ✓ — — — Huang et al. [57 ] EPQ Constant — — — — — — Soni and Shah [58 ] EOQ Stock dependent — — — — — — Sana and Chaudhuri [59 ] EOQ Different types* — — — — — — Hsu et al. [60 ] EOQ Constant — — — ✓ — — Y.-F. Huang and H.-F. Huang [61 ] EPQ Constant — — — — — — Huang and Hsu [62 ] EOQ Constant — — ✓ — — — Liao [63 ] EPQ Constant — ✓ ✓ — — — Ho et al. [64 ] Integrated Price dependent — — — — — — Huang and Liao [65 ] EOQ Constant — ✓ — — — — Jaggi et al. [66 ] EOQ Credit dependent — — ✓ — — — Tsao and Sheen [67 ] EOQ Price and time dependent — ✓ — — — — Thangam and Uthayakumar [68 ] EPQ Constant — — ✓ — — — Tsao [69 ] EOQ Constant — — ✓ — — — Chung [70 ] EOQ Constant — ✓ — — — — De and Goswami [71 ] EOQ Probabilistic — ✓ ✓ — — — Ouyang et al. [72 ] EOQ Constant — ✓ — ✓ — — Chung and Huang [73 ] EOQ Constant ✓ — — — — — Teng [74 ] EOQ Constant — — ✓ — — — Teng and Chang [75 ] EPQ Constant — — ✓ — — — Chang et al. [76 ] Integrated Price dependent — — — ✓ — — Chung and Liao [77 ] EOQ Constant — — — ✓ — ✓ Thangam and Uthayakumar [78 ] EPQ Price and credit dependent — ✓ ✓ — — — Ouyang et al. [79 ] Integrated Price dependent — — — ✓ — — Teng and Goyal [80 ] EPQ Constant — — — — — — Teng et al. [81 ] EOQ Constant — — ✓ — ✓ — Yang [82 ] EOQ Constant — ✓ — ✓ — ✓ Chen and Kang [83 ] Integrated Constant — — — — — — Chang et al. [84 ] EOQ Stock dependent ✓ ✓ — — ✓ — Ouyang et al. [85 ] EOQ Constant — — — ✓ — — Chung [86 ] EPQ Constant — — — — — — Liao and Huang [87 ] EOQ Constant — ✓ ✓ — — ✓ Zhang et al. [88 ] Noncooperative Price dependent — — ✓ — — — Kreng and Tan [89 ] EOQ Constant — — ✓ ✓ — — Thangam and Uthayakumar [90 ] EOQ Price dependent — ✓ ✓ — ✓ — Chang et al. [91 ] EOQ Constant — ✓ — ✓ — ✓ Hu and Liu [92 ] EPQ Constant ✓ — — — — — Min et al. [93 ] EOQ Stock dependent — ✓ ✓ — — — Chang et al. [94 ] EPQ Constant — ✓ ✓ — — — Feng et al. [95 ] EOQ Constant — — ✓ — — — Jaggi and Verma [96 ] EOQ Constant — — ✓ — — — Dye and Ouyang [97 ] EOQ Time dependent — ✓ ✓ — — — Ho [98 ] Integrated Price and credit linked Demand — — ✓ — — — Roy and Samanta [99 ] EPQ Constant — ✓ — — — — Liang and Zhou [100 ] EOQ Constant — ✓ — — ✓ — Chung [101 ] EOQ Constant — ✓ — — — — Tsao [102 ] EPQ Constant — — — — — — Chung and Lin [103 ] EOQ Constant — ✓ — — — ✓ Kreng and Tan [104 ] EPQ Constant — — ✓ — — — Balkhi [105 ] EOQ Time dependent — ✓ — — — ✓ Khanra et al. [106 ] EOQ Time dependent — ✓ — — — — Teng et al. [107 ] EOQ Stock dependent — ✓ — — ✓ — Teng et al. [108 ] Integrated and noncooperative Constant — — — ✓ — — Mahata [109 ] EPQ Constant — ✓ ✓ — — — Arkan and Hejazi [110 ] Integrated and noncooperative Normal distribution ✓ — — — — — Musa and Sani [111 ] EOQ Constant — ✓ — — — — Lin et al. [112 ] Integrated Credit dependent — — ✓ — — — Chung [113 ] EPQ Constant — — ✓ — ✓ — Liao et al. [114 ] EOQ Constant — ✓ — ✓ ✓ — Sarkar [115 ] EPQ Stock dependent — — — — — — Teng et al. [116 ] EOQ Time dependent — — — — — — Cheng et al. [117 ] EOQ Constant — — — — — — Teng and Lou [118 ] EOQ Credit dependent — — ✓ — — — Dye [119 ] EOQ Price and time dependent ✓ ✓ ✓ — — — Chung [120 ] Integrated Credit dependent — — ✓ — — — Su [121 ] integrated Constant ✓ — — — — — Thangam [122 ] EOQ Constant — ✓ ✓ — — — Soni and Patel [123 ] Integrated Price dependent — — ✓ — — — Zhong and Zhou [124 ] Noncooperative Constant — — — — — — Shah et al. [125 ] Integrated Time and price dependent — — — ✓ — — Guchhait et al. [126 ] EOQ Stock and price dependent — ✓ — ✓ ✓ — Chung [127 ] EOQ Constant — — — ✓ — — Das et al. [128 ] Integrated Constant — ✓ — — — — Liao et al. [129 ] EOQ Constant — ✓ — — — — Yang and Chang [130 ] EOQ Constant ✓ ✓ — — ✓ ✓ Feng et al. [131 ] EPQ Constant — — ✓ — — — Giri and Maiti [132 ] Integrated Price and credit dependent — — ✓ — — — Soni [133 ] EOQ Stock dependent — ✓ ✓ — ✓ — Taleizadeh et al. [134 ] EOQ Constant ✓ — — — — — Yu [135 ] Integrated Price dependent ✓ ✓ — — — — Zhong and Zhou [136 ] Integrated and noncooperative Stock dependent — — — — ✓ — Chern et al. [137 ] Noncooperative Credit dependent — — — — — — Ouyang and Chang [138 ] EPQ Constant ✓ — — — — — Annadurai and Uthayakumar [139 ] EOQ Credit dependent ✓ ✓ ✓ — — — Teng et al. [140 ] EOQ Time dependent — — ✓ ✓ — — Khanra et al. [141 ] EOQ Time dependent ✓ — — — — — Hou and Lin [142 ] EOQ Price and time dependent — ✓ — — — ✓ Uthayakumar and Priyan [143 ] Integrated Constant ✓ ✓ — — ✓ — Chiu et al. [144 ] Integrated Price dependent — — — ✓ — — Huang et al. [145 ] EPQ Constant — — — — — — Ouyang et al. [146 ] EOQ Constant — — ✓ ✓ — — Soni [147 ] EOQ Price and stock dependent — ✓ — — ✓ — Shah et al. [148 ] integrated Price dependent — — — — — — Liao et al. [149 ] EOQ Constant — ✓ — — ✓ — He and Huang [150 ] EOQ Credit dependent — ✓ ✓ — — — Chuang et al. [151 ] Integrated Constant — — — ✓ — — Lou and Wang [152 ] EPQ Constant — — ✓ — — — Chung et al. [153 ] EOQ Constant — — — ✓ — — Janková et al. [154 ] EOQ Time dependent — — — — — — Singh and Sharma [155 ] EPQ Stock dependent — ✓ — — — — Chung et al. [156 ] EOQ Constant — ✓ — ✓ — ✓ Pal and Chandra [157 ] EOQ Stock dependent ✓ — — — — — Tung et al. [158 ] EOQ Constant — ✓ — — — — Wang et al. [159 ] EOQ Credit dependent — ✓ — — — — Molamohamadi et al. [160 ] EPQ Price dependent ✓ ✓ — — — — Bhunia et al. [161 ] EOQ Constant ✓ ✓ — — ✓ — Moussawi-Haidar et al. [162 ] Integrated (three echelons) Constant — — — — — — Chern et al. [163 ] Noncooperative Credit dependent — — — — — — Liao et al. [164 ] EOQ Constant — ✓ ✓ — ✓ — Li et al. [165 ] EOQ (multiple retailers) Constant — — — — — — Chen et al. [166 ] EPQ Constant — ✓ ✓ — — — Wu et al. [167 ] EOQ Price and stock dependent — ✓ — — ✓ — Chen and Teng [168 ] EOQ Constant — ✓ — — — —
Constant: linear function of time, quadratic function of time, exponential function of time, stock dependent, price dependent, and price and stock dependent.Note. Column A stands for shortage, B for deterioration, C for two-level trade credit, D for order-quantity-dependent trade credit, E for limited storage space, and F for inflation/time value of money. For the answers, ✓ for Yes and — for No.