Financing newsvendor inventory

被引：465

作者：

Dada, Maqbool ^{[1
]}

Hu, Qiaohai ^{[1
]}

机构：

[1] Purdue Krannert Sch Management, W Lafayette, IN 47907 USA

来源：

OPERATIONS RESEARCH LETTERS | 2008年 / 36卷 / 05期

关键词：

Newsvendor; Stochastic inventory; Capital-constrained coordination;

D O I：

10.1016/j.orl.2008.06.004

中图分类号：

C93 [管理学]; O22 [运筹学];

学科分类号：

070105 ; 12 ; 1201 ; 1202 ; 120202 ;

摘要：

If the cost of borrowing is not too high, the capital-constrained newsvendor borrows funds to procure an amount that is less than would be ideal. The lender charges an interest rate that decreases in the newsvendor's equity. Furthermore, we derived a non-linear loan schedule that coordinates the channel. (c) 2008 Elsevier B.V. All rights reserved.

引用

页码：569 / 573

页数：5

共 14 条

[1] Should start-up companies be cautious? Inventory policies which maximise survival probabilities [J].

Archibald, TW ;

Thomas, LC ;

Betts, JM ;

Johnston, RB .

MANAGEMENT SCIENCE, 2002, 48 (09) :1161-1174

[2] Pre-IPO operational and financial decisions [J].

Babich, V ;

Sobel, MJ .

MANAGEMENT SCIENCE, 2004, 50 (07) :935-948

[3]

Birge J. R., 2000, Manufacturing & Service Operations Management, V2, P19, DOI 10.1287/msom.2.1.19.23269

[4]

BOUNDS G, 2006, WALL STREET J NOV, P14

[5] Inventory management with asset-based financing [J].

Buzacott, JA ;

Zhang, RQ .

MANAGEMENT SCIENCE, 2004, 50 (09) :1274-1292

[6]

CACHON G, 2005, HDB OPERATIONS RES M

[7]

Gaur V., 2005, Manufacturing & Service Operations Management, V7, P103, DOI 10.1287/msom.1040.0061

[8] Valuing operational flexibility under exchange rate risk [J].

Huchzermeier, A ;

Cohen, MA .

OPERATIONS RESEARCH, 1996, 44 (01) :100-113

[9] OPERATING FLEXIBILITY, GLOBAL MANUFACTURING, AND THE OPTION VALUE OF A MULTINATIONAL NETWORK [J].

KOGUT, B ;

KULATILAKA, N .

MANAGEMENT SCIENCE, 1994, 40 (01) :123-139

[10] Flexible and risk-sharing supply contracts under price uncertainty [J].

Li, CL ;

Kouvelis, P .

MANAGEMENT SCIENCE, 1999, 45 (10) :1378-1398

← 1 2 →