Line-of-Credit Payment Scheme and Its Impact on the Retailer’s Ordering Policy with Inventory-Level-Dependent Demand

Table 11

The comparisons of the retailer’s optimal solutions between full delay payment and LOC payment scheme with different values of , , and .

Parameters		Optimal solutions under full delay payment		Optimal solutions under LOC
			0.40	190.65	4384.95			190.65	4384.99	0.00%	0.00%
0.60	210.25		4835.75	210.25	4835.80	0.00%	0.00%
0.80	235.73		5421.79	235.73	5421.79	0.00%	0.00%
1.00	270.67		6225.41	264.76	5750.00	2.18%	7.64%
1.20	322.64		7420.72	298.56	5750.00	7.46%	22.51%
1.40	411.21		9457.83	346.22	5750.00	15.80%	39.20%
	28	235.73	5421.79	235.73	5043.67	0.00%	0.00%
	29	256.40	5897.20	254.62	5750.00	0.69%	2.49%
	30	283.43	6518.89	273.14	5750.00	3.63%	11.79%
	31	320.86	7379.78	296.23	5750.00	7.68%	22.09%
	32	377.45	8681.35	326.07	5750.00	13.61%	33.77%
	33	477.24	10976.52	373.67	5750.00	21.70%	47.62%
	0.05	230.61	5304.03	230.61	5303.92	0.00%	0.00%
	0.10	232.25	5341.75	232.25	5341.82	0.00%	0.00%
	0.20	235.73	5421.79	235.73	5421.79	0.00%	0.00%
	0.40	243.43	5598.89	243.43	5598.84	0.00%	0.00%
	0.60	252.16	5799.68	251.57	5750.00	0.23%	0.86%
	0.80	260.48	5991.04	257.52	5750.00	1.14%	4.02%