Seller’s optimal credit period and replenishment time in a supply chain with up-stream and down-stream trade credits

[[abstract]]In practice, a supplier often offers its retailers a permissible delay period M to settle their unpaid accounts. Likewise, a retailer in turn offers another trade credit period N to its customers. The benefits of trade credit are not only to attract new buyers who consider it a type of price reduction, but also to provide a competitive strategy other than introduce permanent price reductions. On the other hand, the policy of granting credit terms adds an additional cost to the seller as well as an additional dimension of default risk. In this paper, we first incorporate the fact that trade credit has a positive impact on demand but negative impacts on costs and default risks to establish an economic order quantity model for the seller in a supply chain with up-stream and down-stream trade credits. Then we derive the necessary and sufficient conditions to obtain the optimal replenishment time and credit period for the seller. Finally, we use some numerical examples to illustrate the theoretical results.[[incitationindex]]SCI[[booktype]]電子

Discourse studies of scientific popularisation: questioning the boundaries.

This article critiques the `dominant view' of the popularization of science that takes it as a one-way process of simplification, one in which scientific articles are the originals of knowledge that is then debased by translation for a public that is ignorant of such matters, a blank slate. Recent work is surveyed in several disciplines that questions the boundaries of scientific discourse and genres of popularization: who the actors are, how the discourses interact, what modes are involved, and what is communicated. Implications are drawn from these studies for discourse analysis

Biotically constrained palaeoenvironmental conditions of a mid-Holocene intertidal lagoon on the southern shore of the Arabian Gulf: evidence associated with a whale skeleton at Musaffah, Abu Dhabi, UAE

Whale remains (a left and right mandible, scapula, humerus and fragmentary radius and ulna as well as parts of the cranium and rostrum) belonging to a probable humpback whale (Megaptera cf. novaeangliae) were found in the well-described sabkha sequence exposed in the Musaffah Industrial Channel, Abu Dhabi, United Arab Emirates. More precisely, the whale remains were found in a series of sediments representing a range of lagoonal facies. The sediments surrounding the whale bones were age-dated at approximately 5200 14C yrs BP and are herefore interpreted to correspond to the previously documented late Flandrian sea-level peak, receding a fall in sea-level which culminated in the supratidal sabkha overprint of the carbonates. associated with the whale remains is an assemblage of molluscs, foraminifera and ostracods. together with the inferred presence of sea grass and algae, these facies are interpreted to indicate a very shallow subtidal to intertidal lagoonal environment. Cirripede remains found associated with the skeleton were identified as those of the whale barnacle Coronula diadema and hence had their origins with the whale. Significantly, the low species diversity of microfossils suggests that higher salinities existed in the mid-Holocene lagoon than are present in modern counterparts. This is here inferred to be related to the onset of continental aridity in Arabia during the mid-Holocene