A deferred payment strategy for risk-averse supply chain based on CVaR

被引：0

作者：

Qianqian C. ^{[1
]}

机构：

[1] Beihang University, Beijing

来源：

International Journal of Simulation: Systems, Science and Technology | 2016年 / 17卷 / 11期

关键词：

Conditional value-at-risk; Deferred payment; Risk aversion; Supply chain;

D O I：

10.5013/IJSSST.a.17.11.17

中图分类号：

学科分类号：

摘要：

The offer of a delayed period for payment from suppliers may help retailers to order more but also improve the total supply chain performance. In this paper, we adopt Conditional Value-at-Risk, CVaR, as the performance criterion to examine how supply chain performance is affected through the deferred payment contract. Analytical results are yielded for the newsvendor retailer’s optimal order quantity and supplier’s optimal wholesale price, based on which sensitivity analysis is conducted. We show that by use of this deferred payment strategy, both the supplier and retailer can be better off. © 2016, UK Simulation Society. All rights reserved.

引用

页码：17.1 / 17.7

共 30 条

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