A prepayment installment decision support framework in an inventory system with all-units discount against link-to-order prepayment under power demand pattern

Expert Systems with Applications(2023)

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摘要
•This paper proposes an installment plan to pay when an all-units discount is offered.•Clients’ demand is interconnected with time and price multiplicatively.•A transaction cost is incurred to accomplish a prepayment installment to the supplier.•Profitable and nonprofitable cases are explored considering all purchased quantities.•It is profitable to do the prepayment through a single installment.
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关键词
Power demand,Pricing,Backordering,Quantity-based prepayment,Installment policy,All-units discount
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