Title :
Supply contracts with credit sale
Author :
Zheng, Chengli ; Chen, Yan
Author_Institution :
Sch. of Econ., Huazhong Normal Univ., Wuhan
Abstract :
This article proposes a non-cooperation game model to operate the two-agents supply chain with credit sale under stochastic demand function in retailer market and under the retailer´s budget constraint. We consider two types of contracts: the traditional wholesale price contract and its variation that is offered by the producer to the retailer. Equilibrium solutions are given for both contracts. And we propose method to operate supply chain profitably through selecting appropriate controllable parameters when the other non-controllable parameters are given.
Keywords :
credit transactions; game theory; retailing; supply chains; credit sale; equilibrium solutions; noncooperation game model; retailer budget constraint; retailer market; stochastic demand function; supply contracts; two-agents supply chain; wholesale price; budget constraint; credit sale; procurement contract; supply chain operation;
Conference_Titel :
Service Operations and Logistics, and Informatics, 2008. IEEE/SOLI 2008. IEEE International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-2012-4
Electronic_ISBN :
978-1-4244-2013-1
DOI :
10.1109/SOLI.2008.4682916
