Retail Order-Taking Strategies Under Competing Trade Credit Policies With Varying Demands

• DOI: 10.1142/s0217595917400103
• Publication Date: 2017-02-24T05:36:29Z
• Authors: Juanjuan Qin; Aina Zhang; Liangjie Xia; Mengqi Liu
• Keywords: Trade Credit; Value (mathematics)

This paper discusses optimal order-taking strategies under competing trade credit policies with varying demands. study examines three decision-making scenarios, namely, (i) a centralized supply chain, (ii) decentralized and (iii) coordinated chain buyback contract. Optimal decisions are obtained for each scenario. We find that if the average forecast value of sensitivity is higher than real value, then at risk having an overestimated performance; lower actual underestimated performance. As competition increases, chain’s performance decreases. The can be by