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- W2036712459 abstract "This paper considers the problem of a vendor attempting to dispose of unanticipated inventory levels through an offer to a prospective buyer of a credit-period within which no payment is required. For each party, a decision rule is developed in the form of a feasibility range beyond which the offer is not acceptable. Then, the interaction between the decision rules associated with each party is analysed. This includes a bargaining range of the different combinations of credit-period and extra-stock acceptable to both parties. In addition, a profit-sharing ratio is computed as a measure of the competitive advantage or disadvantage that the respective cost-profit structures provide to each side." @default.
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- W2036712459 date "1993-08-01" @default.
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- W2036712459 title "Delay of Payments for Extraordinary Purchases" @default.
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- W2036712459 doi "https://doi.org/10.1057/jors.1993.137" @default.
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