Optimal Inventory Policy under Permissible Payment Delay in Fashion Supply Chains

Table 2

The optimal solution between supplier and retailer under different choices.

Decision making	Credit term(s)	Time for payment	𝑇^∗ (days)	Profit ($)
				Retailer	Supplier
Independent	Cash on delivery	0	𝑇=7.785	42.929	233.55
	Credit period (1/1, net 5)	1	𝑇12=8.017	82.568	287.734