...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>International journal of production economics >Financing decisions in a supply chain with a capital-constrained manufacturer as new entrant
【24h】

Financing decisions in a supply chain with a capital-constrained manufacturer as new entrant

机译：以资本受限的制造商为新进入者的供应链融资决策

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

We examine financing and pricing decisions in a supply chain in which a common retailer is supplied by an incumbent manufacturer and a capital-constrained new entrant manufacturer. We identify the conditions under which the retailer should offer financing directly to the new entrant manufacturer, and show how the retailer sets an interest rate that is either forward-looking or short-sighted. We provide a decision scheme for the new entrant manufacturer, who must choose either retailer financing (RF) or bank financing (BF), depending on conditions. We consider two types of retailers, forward-looking (F-retailer) and short-sighted (S-retailer). We show that a retailer offers RF when its risk-free interest rate is lower than the bank's interest rate. An S-retailer sets its interest rate at the risk-free interest rate or at a threshold interest rate (higher than the risk-free interest rate), while an F-retailer should set its interest rate at a threshold interest rate that is lower than that of the bank and may be lower than the risk-free interest rate. The new entrant manufacturer should adopt the RF scheme if RF is available. We also discuss how the capital-constrained new entrant influences competition in the supply chain, and how the incumbent manufacturer's brand power influences the retailer's financing decision. Numerical examples are included to illustrate the major results.
机译：我们研究供应链中的融资和定价决策，在该供应链中，由一家现成的制造商和一个资金受限的新进入制造商来提供普通零售商。我们确定了零售商应在哪些条件下直接向新进入的制造商提供融资，并说明了零售商如何设定前瞻性或短视的利率。我们为新进入的制造商提供决策方案，他们必须根据条件选择零售商融资（RF）还是银行融资（BF）。我们考虑两种类型的零售商，即前瞻性零售商（F型零售商）和短视零售商（S型零售商）。我们表明，当零售商的无风险利率低于银行利率时，就会提供RF。 S零售商将其利率设置为无风险利率或阈值利率（高于无风险利率），而F零售商应将其利率设置为较低的阈值利率低于银行的利率，并且可能低于无风险利率。如果有RF，新进入的制造商应采用RF方案。我们还将讨论受资本约束的新进入者如何影响供应链中的竞争，以及现有制造商的品牌影响力如何影响零售商的融资决策。包括数值示例以说明主要结果。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号