TY - CHAP AU - Nirmal Kumar Duari AU - Sorforaj Nowaj AU - Jobin George Varghese ED - Fausto Pedro García Márquez Y1 - 2020-03-04 PY - 2020 T1 - Inventory Policies for Deteriorating Items with Maximum Lifetime under Downstream Partial Trade Credits to Credit-Risk Customers by Discounted Cash Flow Analysis N2 - Application of Decision Science in Business and Management is a book where each chapter has been contributed by a different author(s). The chapters introduce and demonstrate a decision-making theory to practice case studies. It demonstrates key results for each sector with diverse real-world case studies. Theory is accompanied by relevant analysis techniques, with a progressive approach building from simple theory to complex and dynamic decisions with multiple data points, including big data, lot of data, etc. Computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques are expertly blended to support analysis of multi-criteria decision-making problems with defined constraints and requirements. The book provides an interface between the main disciplines of engineering/technology and the organizational, administrative, and planning abilities of decision making. It is complementary to other sub-disciplines such as economics, finance, marketing, decision and risk analysis, etc. BT - Application of Decision Science in Business and Management SP - Ch. 7 UR - https://doi.org/10.5772/intechopen.90689 DO - 10.5772/intechopen.90689 SN - 978-1-83880-100-7 PB - IntechOpen CY - Rijeka Y2 - 2024-04-27 ER -