A bi-level credit period coordination scheme is proposed for a supplier-retailer supply chain with a periodic review replenishment policy and price-credit dependent demand. The credit period offered by the retailer to its customers is a promotional effort to induce customer demand and gain market share. We model the problem under decentralized, centralized, and coordinated structures. Through the incentive scheme, the supplier seeks to increase the retailer's credit period by offering the retailer a credit period. Our results suggest that coordinating the inventory, pricing, and credit financing can improve the overall chain and individual member profitability.
机构:
Ryerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, CanadaRyerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, Canada
Aljazzar, Salem M.
;
Gurtu, Amulya
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Univ Wisconsin, Austin E Cofrin Sch Business, 2420 Nicolet Dr, Green Bay, WI 54311 USARyerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, Canada
Gurtu, Amulya
;
Jaber, Mohamad Y.
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Ryerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, CanadaRyerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, Canada
机构:
Ryerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, CanadaRyerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, Canada
Aljazzar, Salem M.
;
Gurtu, Amulya
论文数: 0引用数: 0
h-index: 0
机构:
Univ Wisconsin, Austin E Cofrin Sch Business, 2420 Nicolet Dr, Green Bay, WI 54311 USARyerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, Canada
Gurtu, Amulya
;
Jaber, Mohamad Y.
论文数: 0引用数: 0
h-index: 0
机构:
Ryerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, CanadaRyerson Univ, Dept Mech & Ind Engn, 350 Victoria St, Toronto, ON M5B 2K3, Canada