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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14

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Paper Title: New approach in two-level trade credit EOQ model with default risk and reminder cost
Authors Name: Gautam Kumar
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IJRTI_205102
Published Paper Id: IJRTI2508145
Published In: Volume 10 Issue 8, August-2025
DOI:
Abstract: This investigation proposes a novel approach in trade credit model for deteriorating items that incorporates default risk and reminder costs—drawing inspiration from rural Indian practices—to reduce customer defaults and enhance retailer profitability. The model optimizes decision variables using the generalized reduced gradient method, demonstrating that reminder costs can significantly boost profits.
Keywords: Inventory Model, Two-level trade-credit, Default risk, Reminder cost, New approach
Cite Article: "New approach in two-level trade credit EOQ model with default risk and reminder cost", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 8, page no.b332-b336, August-2025, Available :http://www.ijrti.org/papers/IJRTI2508145.pdf
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI2508145
Registration ID:205102
Published In: Volume 10 Issue 8, August-2025
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Page No: b332-b336
Country: Howrah, West Bengal, India
Research Area: Applied Mathematics
Publisher : IJ Publication
Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2508145
Published Paper PDF: https://www.ijrti.org/papers/IJRTI2508145
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED, Journal Starting Year (ESTD) : 2016

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