{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,10,14]],"date-time":"2025-10-14T06:52:45Z","timestamp":1760424765308},"reference-count":39,"publisher":"World Scientific Pub Co Pte Lt","issue":"04","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Asia Pac. J. Oper. Res."],"published-print":{"date-parts":[[2006,12]]},"abstract":"<jats:p> An attempt is made to formulate optimal ordering policies for the retailer when the supplier offers progressive credit periods to settle the account. We define progressive credit periods as follows: If the retailer settles the outstanding amount by M, the supplier does not charge any interest. If the retailer pays after M but before N(M &lt; N), then the supplier charges the retailer on the un-paid balance at the rate Ic <jats:sub>1<\/jats:sub>. If the retailer settles the account after N, then he will have to pay an interest rate of Ic <jats:sub>2<\/jats:sub> ( Ic <jats:sub>2<\/jats:sub> &gt; Ic <jats:sub>1<\/jats:sub>). The objective function to be optimized is considered as present value of all future cash-out-flows. An algorithm is given to find the flow of optimal ordering policy. Analytic proofs are discussed to study the effect of various parameters on an objective function. <\/jats:p>","DOI":"10.1142\/s0217595906001017","type":"journal-article","created":{"date-parts":[[2006,12,12]],"date-time":"2006-12-12T12:59:30Z","timestamp":1165928370000},"page":"509-524","source":"Crossref","is-referenced-by-count":10,"title":["AN EOQ MODEL FOR PROGRESSIVE PAYMENT SCHEME UNDER DCF APPROACH"],"prefix":"10.1142","volume":"23","author":[{"given":"HARDIK","family":"SONI","sequence":"first","affiliation":[{"name":"Chimanbhai Patel Post Graduate Institute of Computer Applications, Gujarat University, Ahmedabad-51, Gujarat, India"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"AJAY S.","family":"GOR","sequence":"additional","affiliation":[{"name":"Pramukh Swami Science and H. D. 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