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
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
收藏
页码:569 / 573
页数:5
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