Optimal Decision of Deferred Payment Supply Chain considering Bilateral Risk-Aversion Degree
المؤلفون المشاركون
المصدر
Mathematical Problems in Engineering
العدد
المجلد 2018، العدد 2018 (31 ديسمبر/كانون الأول 2018)، ص ص. 1-11، 11ص.
الناشر
Hindawi Publishing Corporation
تاريخ النشر
2018-05-17
دولة النشر
مصر
عدد الصفحات
11
التخصصات الرئيسية
الملخص EN
This paper aims to fill up the gap that the previous research has never explored, the deferred payment supply chain with a risk-averse supplier.
To this end, the conditional value-at-risk (CVaR) was adopted as a criterion to measure the influence of retailer’s deferred payment on supply chain performance.
According to this criterion, the retailer’s optimal order quantity and the supplier’s optimal wholesale price per unit product were investigated under decentralized decision-making.
Then, the existence of a unique optimal strategy was discussed for risk-averse supplier and retailer, and the values of risk-averse, initial capital, and wholesale price were calculated in detail.
Finally, the theoretical results were testified through a numerical example.
It is concluded that retailer’s optimal order quantity is negatively correlated with the wholesale price, initial capital, and degree of risk aversion, so that the retailer can benefit through proper risk aversion; the supplier’s expected profit decreases with the increase in the degree of risk aversion, yet the optimal wholesale price is determined by the degree of risk aversion of supplier and retailer.
The research findings shed valuable new light on how to manage a supply chain involving risk-averse supplier and retailer.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Liang, Liu& Futou, Li. 2018. Optimal Decision of Deferred Payment Supply Chain considering Bilateral Risk-Aversion Degree. Mathematical Problems in Engineering،Vol. 2018, no. 2018, pp.1-11.
https://search.emarefa.net/detail/BIM-1206413
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Liang, Liu& Futou, Li. Optimal Decision of Deferred Payment Supply Chain considering Bilateral Risk-Aversion Degree. Mathematical Problems in Engineering No. 2018 (2018), pp.1-11.
https://search.emarefa.net/detail/BIM-1206413
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Liang, Liu& Futou, Li. Optimal Decision of Deferred Payment Supply Chain considering Bilateral Risk-Aversion Degree. Mathematical Problems in Engineering. 2018. Vol. 2018, no. 2018, pp.1-11.
https://search.emarefa.net/detail/BIM-1206413
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-1206413
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر