Two echelon trade credit financing for deteriorating items of expiration date with price and credit period sensitive demand involving default risk
This paper consider inventory model of the perishable products with expiration date, under demand dependent on price and credit period and credit risk and.First, the inventory model with three cases was constructed;secondly, to maximize profit per unit time as the goal, solve the retailers optimal inventory, commercial credit and pricing decisions.For any given period and the price, prove not only the existence of the optimal replenishment policy and is unique.Finally, Matlab is used to solve the global optimal replenishment strategies and commercial credit policies.
trade credit price and credit period sensitive demand credit risk replenishment
Juan-juan QIN
Business School, Tianjin University of Finance & Economics, Tianjin, China
国际会议
The 5th International Conference on Logistics and Supply Chain Management 2015(第五届物流工程与供应链管理国际研讨会)
长沙
英文
286-292
2015-12-01（万方平台首次上网日期，不代表论文的发表时间）