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Factoring plays a crucial role in solving the financing problems, which are common among small and medium enterprises (SMEs). In this paper, we develop decision models by considering non-recourse factoring and recourse factoring respectively in a supply chain which includes a bank and a seller. Then we find the optimal discount rate of factoring in two scenarios. Finally, we study the influence of...
A stackelberg inventory model taking vendor-buyer interaction in lead time into account is developed in this paper. In this supply chain both parties involved in the lead time decision-making; and the assumption of the lot-for-lot policy of the vendor is relaxed, from this way, the model is more practical. An iterative algorithm is developed for searching the integral nonlinear programming, and numerical...
With aggravating of market competition, the operation of supply chain coordination becomes more and more important. Therefore this paper firstly describes the capability and profit of supply chain members and the operation of supply chain coordination using multiple-objective programming and proposes a multi-product, multi-stage supply chain coordination model based on VMI ,which comprises one manufacturer...
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