DocumentCode
550988
Title
Operation decisions of enterprises with merchant cash advances and demand uncertainty
Author
Yang Mingzhu ; Chen Qiushuang
Author_Institution
Dept. of Autom. & Intell. Sci., Nankai Univ., Tianjin, China
fYear
2011
fDate
22-24 July 2011
Firstpage
2180
Lastpage
2184
Abstract
This paper proposes models to assist enterprises in making production and financing decisions in the presence of demand uncertainty and market imperfection. We develop some optimal conditions on production quantity, price and financing amount. Then the dedicated solution method is given. At last, we employ a numerical example to illustrate how the existence of financial constraints and merchant cash advances affect the production decisions of a small/medium enterprise.
Keywords
financial management; small-to-medium enterprises; demand uncertainty; financial constraint; financing amount; financing decision; market imperfection; merchant cash advances; operation decision; pricing; production decision; production quantity; small-medium enterprise; Economics; Electronic mail; Finance; Inventory management; Operations research; Uncertainty; Demand uncertainty; Financial Constraint; Financing decision; Merchant cash advance; Production decision;
fLanguage
English
Publisher
ieee
Conference_Titel
Control Conference (CCC), 2011 30th Chinese
Conference_Location
Yantai
ISSN
1934-1768
Print_ISBN
978-1-4577-0677-6
Electronic_ISBN
1934-1768
Type
conf
Filename
6001330
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