The effect of extended payment terms on purchasing decisions
In this paper, computer algorithms are developed for determining optimal purchasing strategies for firms that receive extended payment terms from vendors. The resultant models are particularly attractive in high-volume environments with extended payment terms, a high opportunity cost of capital, and...
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Veröffentlicht in: | Computers in industry 1993-10, Vol.22 (3), p.311-318 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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