Optimal advertising/ordering policy and finance mode selection for a capital-constrained retailer with stochastic demand View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2017-12

AUTHORS

Yong-Wu Zhou, Bin Cao, Yuanguang Zhong, Yongzhong Wu

ABSTRACT

In this paper, we discuss how a capital-constrained retailer determines his optimal advertising/ordering policy and selects his financing mode when he faces the following modes: no financing service, bank financing, and supplier/mixed financing. For each mode, we construct an optimization model and present a method for how the retailer determines his corresponding optimal advertising and ordering policies in the terms of his initial capital level. Furthermore, we derive the conditions of retailer selecting the optimal financing mode based on both his initial capital level and the interest rates of the financing services. We show that when the retailer is relatively “poor,” he prefers bank financing mode if the bank interest rate is lower than the supplier, otherwise mixed financing mode; when he is moderately “rich,” he only selects supplier financing mode if the bank interest rate is greater than a threshold value and otherwise bank financing mode; however, when he is relatively “rich,” he always chooses bank financing mode even if the bank interest rate is higher than the supplier. We conduct numerical studies to illustrate the theoretical results and find adopting financing service significantly improves the retailer’s performance especially when he has relatively low initial capital level. More... »

PAGES

1620-1632

References to SciGraph publications

  • 2005-06. An EOQ model for deteriorating items under trade credits in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • 1986. Advertising and Market Structure in NEW DEVELOPMENTS IN THE ANALYSIS OF MARKET STRUCTURE
  • 2003-09. Optimal retailer's ordering policies in the EOQ model under trade credit financing in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • 1998-12. Modelling advertising budgeting and allocation decisions using modified multinomial logit market share models in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • 2013-07. Determination of the optimal trade credit policy: a supplier-Stackelberg model in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • 2011. Joint Advertising and Ordering Strategies for Perishable Product under General Demand in ARTIFICIAL INTELLIGENCE AND COMPUTATIONAL INTELLIGENCE
  • 2007-09. Optimal ordering policies for a retailer in a supply chain with up-stream and down-stream trade credits in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • 1995-05. Ordering Policies of Deteriorating Items under Permissible Delay in Payments in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • 1985-04. Economic Order Quantity under Conditions of Permissible Delay in Payments in JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY
  • Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1057/s41274-016-0161-8

    DOI

    http://dx.doi.org/10.1057/s41274-016-0161-8

    DIMENSIONS

    https://app.dimensions.ai/details/publication/pub.1084149766


    Indexing Status Check whether this publication has been indexed by Scopus and Web Of Science using the SN Indexing Status Tool
    Incoming Citations Browse incoming citations for this publication using opencitations.net

    JSON-LD is the canonical representation for SciGraph data.

    TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT

    [
      {
        "@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json", 
        "about": [
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1605", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Policy and Administration", 
            "type": "DefinedTerm"
          }, 
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/16", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Studies in Human Society", 
            "type": "DefinedTerm"
          }
        ], 
        "author": [
          {
            "affiliation": {
              "alternateName": "South China University of Technology", 
              "id": "https://www.grid.ac/institutes/grid.79703.3a", 
              "name": [
                "School of Business Administration, South China University of Technology, 510640, Guangzhou, People\u2019s Republic of China"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Zhou", 
            "givenName": "Yong-Wu", 
            "id": "sg:person.014236571477.31", 
            "sameAs": [
              "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.014236571477.31"
            ], 
            "type": "Person"
          }, 
          {
            "affiliation": {
              "alternateName": "South China University of Technology", 
              "id": "https://www.grid.ac/institutes/grid.79703.3a", 
              "name": [
                "School of Business Administration, South China University of Technology, 510640, Guangzhou, People\u2019s Republic of China"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Cao", 
            "givenName": "Bin", 
            "id": "sg:person.010700473005.14", 
            "sameAs": [
              "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.010700473005.14"
            ], 
            "type": "Person"
          }, 
          {
            "affiliation": {
              "alternateName": "South China University of Technology", 
              "id": "https://www.grid.ac/institutes/grid.79703.3a", 
              "name": [
                "School of Business Administration, South China University of Technology, 510640, Guangzhou, People\u2019s Republic of China"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Zhong", 
            "givenName": "Yuanguang", 
            "id": "sg:person.013023637116.47", 
            "sameAs": [
              "https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.013023637116.47"
            ], 
            "type": "Person"
          }, 
          {
            "affiliation": {
              "alternateName": "South China University of Technology", 
              "id": "https://www.grid.ac/institutes/grid.79703.3a", 
              "name": [
                "School of Business Administration, South China University of Technology, 510640, Guangzhou, People\u2019s Republic of China"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Wu", 
            "givenName": "Yongzhong", 
            "type": "Person"
          }
        ], 
        "citation": [
          {
            "id": "sg:pub.10.1057/jors.1985.56", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1000222804", 
              "https://doi.org/10.1057/jors.1985.56"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.cie.2015.08.003", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1001720764"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0378-4266(03)00037-2", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1003004666"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0378-4266(03)00037-2", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1003004666"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1057/palgrave.jors.2601881", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1003039206", 
              "https://doi.org/10.1057/palgrave.jors.2601881"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ejor.2007.12.018", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1005848038"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/978-1-349-18058-5_13", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1009316181", 
              "https://doi.org/10.1007/978-1-349-18058-5_13"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ijpe.2016.03.016", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1010089682"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/j.1540-6261.1994.tb04418.x", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1010096048"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.orl.2006.11.001", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1011825939"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1057/jors.1995.90", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1011945430", 
              "https://doi.org/10.1057/jors.1995.90"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ijpe.2010.10.009", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1012411724"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ijpe.2014.03.023", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1012681579"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ijpe.2007.05.014", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1016258608"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ejor.2013.03.016", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1016413993"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.apm.2015.04.036", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1018793322"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/978-3-642-23881-9_68", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1020386129", 
              "https://doi.org/10.1007/978-3-642-23881-9_68"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/978-3-642-23881-9_68", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1020386129", 
              "https://doi.org/10.1007/978-3-642-23881-9_68"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1002/nav.21576", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1023453934"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ejor.2008.07.014", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1025441596"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ijpe.2013.11.021", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1027077890"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1080/00207720903244105", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1030398101"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.orl.2008.06.004", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1032136631"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0925-5273(03)00008-2", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1032422882"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/s0925-5273(03)00008-2", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1032422882"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1111/poms.12035", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1033424286"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1057/palgrave.jors.2600647", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1034623265", 
              "https://doi.org/10.1057/palgrave.jors.2600647"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1057/jors.2012.102", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1040339749", 
              "https://doi.org/10.1057/jors.2012.102"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1080/00137910802262887", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1045718975"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1057/palgrave.jors.2601588", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1048170471", 
              "https://doi.org/10.1057/palgrave.jors.2601588"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1057/palgrave.jors.2602404", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1050871614", 
              "https://doi.org/10.1057/palgrave.jors.2602404"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.amc.2014.01.077", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1051034055"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2753/joa0091-3367390303", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1051975891"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2753/joa0091-3367390303", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1051975891"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ejor.2014.03.009", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1053230873"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1016/j.ejor.2015.04.046", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1054733524"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1287/mksc.18.1.59", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1064713437"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1287/mnsc.1040.0278", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1064714307"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1287/mnsc.1120.1629", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1064715775"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1287/msom.2.4.410.12339", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1064725161"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1287/opre.1120.1040", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1064726596"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2307/2297705", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1069869077"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.1109/iclsim.2010.5461302", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1093373213"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "https://doi.org/10.2139/ssrn.1734682", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1102299474"
            ], 
            "type": "CreativeWork"
          }
        ], 
        "datePublished": "2017-12", 
        "datePublishedReg": "2017-12-01", 
        "description": "In this paper, we discuss how a capital-constrained retailer determines his optimal advertising/ordering policy and selects his financing mode when he faces the following modes: no financing service, bank financing, and supplier/mixed financing. For each mode, we construct an optimization model and present a method for how the retailer determines his corresponding optimal advertising and ordering policies in the terms of his initial capital level. Furthermore, we derive the conditions of retailer selecting the optimal financing mode based on both his initial capital level and the interest rates of the financing services. We show that when the retailer is relatively \u201cpoor,\u201d he prefers bank financing mode if the bank interest rate is lower than the supplier, otherwise mixed financing mode; when he is moderately \u201crich,\u201d he only selects supplier financing mode if the bank interest rate is greater than a threshold value and otherwise bank financing mode; however, when he is relatively \u201crich,\u201d he always chooses bank financing mode even if the bank interest rate is higher than the supplier. We conduct numerical studies to illustrate the theoretical results and find adopting financing service significantly improves the retailer\u2019s performance especially when he has relatively low initial capital level.", 
        "genre": "research_article", 
        "id": "sg:pub.10.1057/s41274-016-0161-8", 
        "inLanguage": [
          "en"
        ], 
        "isAccessibleForFree": false, 
        "isFundedItemOf": [
          {
            "id": "sg:grant.7199134", 
            "type": "MonetaryGrant"
          }
        ], 
        "isPartOf": [
          {
            "id": "sg:journal.1087747", 
            "issn": [
              "0160-5682", 
              "1476-9360"
            ], 
            "name": "Journal of the Operational Research Society", 
            "type": "Periodical"
          }, 
          {
            "issueNumber": "12", 
            "type": "PublicationIssue"
          }, 
          {
            "type": "PublicationVolume", 
            "volumeNumber": "68"
          }
        ], 
        "name": "Optimal advertising/ordering policy and finance mode selection for a capital-constrained retailer with stochastic demand", 
        "pagination": "1620-1632", 
        "productId": [
          {
            "name": "readcube_id", 
            "type": "PropertyValue", 
            "value": [
              "fe1bc1e15b93095f2eddb95ce9e06447a5a9b8dadb6817c35c764ecae7df24bd"
            ]
          }, 
          {
            "name": "doi", 
            "type": "PropertyValue", 
            "value": [
              "10.1057/s41274-016-0161-8"
            ]
          }, 
          {
            "name": "dimensions_id", 
            "type": "PropertyValue", 
            "value": [
              "pub.1084149766"
            ]
          }
        ], 
        "sameAs": [
          "https://doi.org/10.1057/s41274-016-0161-8", 
          "https://app.dimensions.ai/details/publication/pub.1084149766"
        ], 
        "sdDataset": "articles", 
        "sdDatePublished": "2019-04-10T18:19", 
        "sdLicense": "https://scigraph.springernature.com/explorer/license/", 
        "sdPublisher": {
          "name": "Springer Nature - SN SciGraph project", 
          "type": "Organization"
        }, 
        "sdSource": "s3://com-uberresearch-data-dimensions-target-20181106-alternative/cleanup/v134/2549eaecd7973599484d7c17b260dba0a4ecb94b/merge/v9/a6c9fde33151104705d4d7ff012ea9563521a3ce/jats-lookup/v90/0000000001_0000000264/records_8675_00000508.jsonl", 
        "type": "ScholarlyArticle", 
        "url": "http://link.springer.com/10.1057/s41274-016-0161-8"
      }
    ]
     

    Download the RDF metadata as:  json-ld nt turtle xml License info

    HOW TO GET THIS DATA PROGRAMMATICALLY:

    JSON-LD is a popular format for linked data which is fully compatible with JSON.

    curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1057/s41274-016-0161-8'

    N-Triples is a line-based linked data format ideal for batch operations.

    curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1057/s41274-016-0161-8'

    Turtle is a human-readable linked data format.

    curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1057/s41274-016-0161-8'

    RDF/XML is a standard XML format for linked data.

    curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1057/s41274-016-0161-8'


     

    This table displays all metadata directly associated to this object as RDF triples.

    212 TRIPLES      21 PREDICATES      67 URIs      19 LITERALS      7 BLANK NODES

    Subject Predicate Object
    1 sg:pub.10.1057/s41274-016-0161-8 schema:about anzsrc-for:16
    2 anzsrc-for:1605
    3 schema:author Nebb3a6088d33441c9803d6c489cc1482
    4 schema:citation sg:pub.10.1007/978-1-349-18058-5_13
    5 sg:pub.10.1007/978-3-642-23881-9_68
    6 sg:pub.10.1057/jors.1985.56
    7 sg:pub.10.1057/jors.1995.90
    8 sg:pub.10.1057/jors.2012.102
    9 sg:pub.10.1057/palgrave.jors.2600647
    10 sg:pub.10.1057/palgrave.jors.2601588
    11 sg:pub.10.1057/palgrave.jors.2601881
    12 sg:pub.10.1057/palgrave.jors.2602404
    13 https://doi.org/10.1002/nav.21576
    14 https://doi.org/10.1016/j.amc.2014.01.077
    15 https://doi.org/10.1016/j.apm.2015.04.036
    16 https://doi.org/10.1016/j.cie.2015.08.003
    17 https://doi.org/10.1016/j.ejor.2007.12.018
    18 https://doi.org/10.1016/j.ejor.2008.07.014
    19 https://doi.org/10.1016/j.ejor.2013.03.016
    20 https://doi.org/10.1016/j.ejor.2014.03.009
    21 https://doi.org/10.1016/j.ejor.2015.04.046
    22 https://doi.org/10.1016/j.ijpe.2007.05.014
    23 https://doi.org/10.1016/j.ijpe.2010.10.009
    24 https://doi.org/10.1016/j.ijpe.2013.11.021
    25 https://doi.org/10.1016/j.ijpe.2014.03.023
    26 https://doi.org/10.1016/j.ijpe.2016.03.016
    27 https://doi.org/10.1016/j.orl.2006.11.001
    28 https://doi.org/10.1016/j.orl.2008.06.004
    29 https://doi.org/10.1016/s0378-4266(03)00037-2
    30 https://doi.org/10.1016/s0925-5273(03)00008-2
    31 https://doi.org/10.1080/00137910802262887
    32 https://doi.org/10.1080/00207720903244105
    33 https://doi.org/10.1109/iclsim.2010.5461302
    34 https://doi.org/10.1111/j.1540-6261.1994.tb04418.x
    35 https://doi.org/10.1111/poms.12035
    36 https://doi.org/10.1287/mksc.18.1.59
    37 https://doi.org/10.1287/mnsc.1040.0278
    38 https://doi.org/10.1287/mnsc.1120.1629
    39 https://doi.org/10.1287/msom.2.4.410.12339
    40 https://doi.org/10.1287/opre.1120.1040
    41 https://doi.org/10.2139/ssrn.1734682
    42 https://doi.org/10.2307/2297705
    43 https://doi.org/10.2753/joa0091-3367390303
    44 schema:datePublished 2017-12
    45 schema:datePublishedReg 2017-12-01
    46 schema:description In this paper, we discuss how a capital-constrained retailer determines his optimal advertising/ordering policy and selects his financing mode when he faces the following modes: no financing service, bank financing, and supplier/mixed financing. For each mode, we construct an optimization model and present a method for how the retailer determines his corresponding optimal advertising and ordering policies in the terms of his initial capital level. Furthermore, we derive the conditions of retailer selecting the optimal financing mode based on both his initial capital level and the interest rates of the financing services. We show that when the retailer is relatively “poor,” he prefers bank financing mode if the bank interest rate is lower than the supplier, otherwise mixed financing mode; when he is moderately “rich,” he only selects supplier financing mode if the bank interest rate is greater than a threshold value and otherwise bank financing mode; however, when he is relatively “rich,” he always chooses bank financing mode even if the bank interest rate is higher than the supplier. We conduct numerical studies to illustrate the theoretical results and find adopting financing service significantly improves the retailer’s performance especially when he has relatively low initial capital level.
    47 schema:genre research_article
    48 schema:inLanguage en
    49 schema:isAccessibleForFree false
    50 schema:isPartOf N9291d0432e8f4aa2b568aaba73394c7b
    51 Nf9d8854232874ac1bea06089d1e80798
    52 sg:journal.1087747
    53 schema:name Optimal advertising/ordering policy and finance mode selection for a capital-constrained retailer with stochastic demand
    54 schema:pagination 1620-1632
    55 schema:productId N8df78eaf51a14e519cbb744ab3994d93
    56 Nda1dc80dfa53412299a626aa5b3261e4
    57 Ne09853144fe040aba1a902e23c65354e
    58 schema:sameAs https://app.dimensions.ai/details/publication/pub.1084149766
    59 https://doi.org/10.1057/s41274-016-0161-8
    60 schema:sdDatePublished 2019-04-10T18:19
    61 schema:sdLicense https://scigraph.springernature.com/explorer/license/
    62 schema:sdPublisher Ndd4dc95df61c4008a7fa0c985a25e952
    63 schema:url http://link.springer.com/10.1057/s41274-016-0161-8
    64 sgo:license sg:explorer/license/
    65 sgo:sdDataset articles
    66 rdf:type schema:ScholarlyArticle
    67 N3c16f1649a2c445f814228746936083d rdf:first N3f5571d5bade419c807f1a148ed5aaa6
    68 rdf:rest rdf:nil
    69 N3f5571d5bade419c807f1a148ed5aaa6 schema:affiliation https://www.grid.ac/institutes/grid.79703.3a
    70 schema:familyName Wu
    71 schema:givenName Yongzhong
    72 rdf:type schema:Person
    73 N8df78eaf51a14e519cbb744ab3994d93 schema:name doi
    74 schema:value 10.1057/s41274-016-0161-8
    75 rdf:type schema:PropertyValue
    76 N9291d0432e8f4aa2b568aaba73394c7b schema:volumeNumber 68
    77 rdf:type schema:PublicationVolume
    78 N9612f7958f8745f68181bd3ad78464d2 rdf:first sg:person.010700473005.14
    79 rdf:rest Nd54f80e2131f48d9aa70b00294b3ac88
    80 Nd54f80e2131f48d9aa70b00294b3ac88 rdf:first sg:person.013023637116.47
    81 rdf:rest N3c16f1649a2c445f814228746936083d
    82 Nda1dc80dfa53412299a626aa5b3261e4 schema:name readcube_id
    83 schema:value fe1bc1e15b93095f2eddb95ce9e06447a5a9b8dadb6817c35c764ecae7df24bd
    84 rdf:type schema:PropertyValue
    85 Ndd4dc95df61c4008a7fa0c985a25e952 schema:name Springer Nature - SN SciGraph project
    86 rdf:type schema:Organization
    87 Ne09853144fe040aba1a902e23c65354e schema:name dimensions_id
    88 schema:value pub.1084149766
    89 rdf:type schema:PropertyValue
    90 Nebb3a6088d33441c9803d6c489cc1482 rdf:first sg:person.014236571477.31
    91 rdf:rest N9612f7958f8745f68181bd3ad78464d2
    92 Nf9d8854232874ac1bea06089d1e80798 schema:issueNumber 12
    93 rdf:type schema:PublicationIssue
    94 anzsrc-for:16 schema:inDefinedTermSet anzsrc-for:
    95 schema:name Studies in Human Society
    96 rdf:type schema:DefinedTerm
    97 anzsrc-for:1605 schema:inDefinedTermSet anzsrc-for:
    98 schema:name Policy and Administration
    99 rdf:type schema:DefinedTerm
    100 sg:grant.7199134 http://pending.schema.org/fundedItem sg:pub.10.1057/s41274-016-0161-8
    101 rdf:type schema:MonetaryGrant
    102 sg:journal.1087747 schema:issn 0160-5682
    103 1476-9360
    104 schema:name Journal of the Operational Research Society
    105 rdf:type schema:Periodical
    106 sg:person.010700473005.14 schema:affiliation https://www.grid.ac/institutes/grid.79703.3a
    107 schema:familyName Cao
    108 schema:givenName Bin
    109 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.010700473005.14
    110 rdf:type schema:Person
    111 sg:person.013023637116.47 schema:affiliation https://www.grid.ac/institutes/grid.79703.3a
    112 schema:familyName Zhong
    113 schema:givenName Yuanguang
    114 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.013023637116.47
    115 rdf:type schema:Person
    116 sg:person.014236571477.31 schema:affiliation https://www.grid.ac/institutes/grid.79703.3a
    117 schema:familyName Zhou
    118 schema:givenName Yong-Wu
    119 schema:sameAs https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.014236571477.31
    120 rdf:type schema:Person
    121 sg:pub.10.1007/978-1-349-18058-5_13 schema:sameAs https://app.dimensions.ai/details/publication/pub.1009316181
    122 https://doi.org/10.1007/978-1-349-18058-5_13
    123 rdf:type schema:CreativeWork
    124 sg:pub.10.1007/978-3-642-23881-9_68 schema:sameAs https://app.dimensions.ai/details/publication/pub.1020386129
    125 https://doi.org/10.1007/978-3-642-23881-9_68
    126 rdf:type schema:CreativeWork
    127 sg:pub.10.1057/jors.1985.56 schema:sameAs https://app.dimensions.ai/details/publication/pub.1000222804
    128 https://doi.org/10.1057/jors.1985.56
    129 rdf:type schema:CreativeWork
    130 sg:pub.10.1057/jors.1995.90 schema:sameAs https://app.dimensions.ai/details/publication/pub.1011945430
    131 https://doi.org/10.1057/jors.1995.90
    132 rdf:type schema:CreativeWork
    133 sg:pub.10.1057/jors.2012.102 schema:sameAs https://app.dimensions.ai/details/publication/pub.1040339749
    134 https://doi.org/10.1057/jors.2012.102
    135 rdf:type schema:CreativeWork
    136 sg:pub.10.1057/palgrave.jors.2600647 schema:sameAs https://app.dimensions.ai/details/publication/pub.1034623265
    137 https://doi.org/10.1057/palgrave.jors.2600647
    138 rdf:type schema:CreativeWork
    139 sg:pub.10.1057/palgrave.jors.2601588 schema:sameAs https://app.dimensions.ai/details/publication/pub.1048170471
    140 https://doi.org/10.1057/palgrave.jors.2601588
    141 rdf:type schema:CreativeWork
    142 sg:pub.10.1057/palgrave.jors.2601881 schema:sameAs https://app.dimensions.ai/details/publication/pub.1003039206
    143 https://doi.org/10.1057/palgrave.jors.2601881
    144 rdf:type schema:CreativeWork
    145 sg:pub.10.1057/palgrave.jors.2602404 schema:sameAs https://app.dimensions.ai/details/publication/pub.1050871614
    146 https://doi.org/10.1057/palgrave.jors.2602404
    147 rdf:type schema:CreativeWork
    148 https://doi.org/10.1002/nav.21576 schema:sameAs https://app.dimensions.ai/details/publication/pub.1023453934
    149 rdf:type schema:CreativeWork
    150 https://doi.org/10.1016/j.amc.2014.01.077 schema:sameAs https://app.dimensions.ai/details/publication/pub.1051034055
    151 rdf:type schema:CreativeWork
    152 https://doi.org/10.1016/j.apm.2015.04.036 schema:sameAs https://app.dimensions.ai/details/publication/pub.1018793322
    153 rdf:type schema:CreativeWork
    154 https://doi.org/10.1016/j.cie.2015.08.003 schema:sameAs https://app.dimensions.ai/details/publication/pub.1001720764
    155 rdf:type schema:CreativeWork
    156 https://doi.org/10.1016/j.ejor.2007.12.018 schema:sameAs https://app.dimensions.ai/details/publication/pub.1005848038
    157 rdf:type schema:CreativeWork
    158 https://doi.org/10.1016/j.ejor.2008.07.014 schema:sameAs https://app.dimensions.ai/details/publication/pub.1025441596
    159 rdf:type schema:CreativeWork
    160 https://doi.org/10.1016/j.ejor.2013.03.016 schema:sameAs https://app.dimensions.ai/details/publication/pub.1016413993
    161 rdf:type schema:CreativeWork
    162 https://doi.org/10.1016/j.ejor.2014.03.009 schema:sameAs https://app.dimensions.ai/details/publication/pub.1053230873
    163 rdf:type schema:CreativeWork
    164 https://doi.org/10.1016/j.ejor.2015.04.046 schema:sameAs https://app.dimensions.ai/details/publication/pub.1054733524
    165 rdf:type schema:CreativeWork
    166 https://doi.org/10.1016/j.ijpe.2007.05.014 schema:sameAs https://app.dimensions.ai/details/publication/pub.1016258608
    167 rdf:type schema:CreativeWork
    168 https://doi.org/10.1016/j.ijpe.2010.10.009 schema:sameAs https://app.dimensions.ai/details/publication/pub.1012411724
    169 rdf:type schema:CreativeWork
    170 https://doi.org/10.1016/j.ijpe.2013.11.021 schema:sameAs https://app.dimensions.ai/details/publication/pub.1027077890
    171 rdf:type schema:CreativeWork
    172 https://doi.org/10.1016/j.ijpe.2014.03.023 schema:sameAs https://app.dimensions.ai/details/publication/pub.1012681579
    173 rdf:type schema:CreativeWork
    174 https://doi.org/10.1016/j.ijpe.2016.03.016 schema:sameAs https://app.dimensions.ai/details/publication/pub.1010089682
    175 rdf:type schema:CreativeWork
    176 https://doi.org/10.1016/j.orl.2006.11.001 schema:sameAs https://app.dimensions.ai/details/publication/pub.1011825939
    177 rdf:type schema:CreativeWork
    178 https://doi.org/10.1016/j.orl.2008.06.004 schema:sameAs https://app.dimensions.ai/details/publication/pub.1032136631
    179 rdf:type schema:CreativeWork
    180 https://doi.org/10.1016/s0378-4266(03)00037-2 schema:sameAs https://app.dimensions.ai/details/publication/pub.1003004666
    181 rdf:type schema:CreativeWork
    182 https://doi.org/10.1016/s0925-5273(03)00008-2 schema:sameAs https://app.dimensions.ai/details/publication/pub.1032422882
    183 rdf:type schema:CreativeWork
    184 https://doi.org/10.1080/00137910802262887 schema:sameAs https://app.dimensions.ai/details/publication/pub.1045718975
    185 rdf:type schema:CreativeWork
    186 https://doi.org/10.1080/00207720903244105 schema:sameAs https://app.dimensions.ai/details/publication/pub.1030398101
    187 rdf:type schema:CreativeWork
    188 https://doi.org/10.1109/iclsim.2010.5461302 schema:sameAs https://app.dimensions.ai/details/publication/pub.1093373213
    189 rdf:type schema:CreativeWork
    190 https://doi.org/10.1111/j.1540-6261.1994.tb04418.x schema:sameAs https://app.dimensions.ai/details/publication/pub.1010096048
    191 rdf:type schema:CreativeWork
    192 https://doi.org/10.1111/poms.12035 schema:sameAs https://app.dimensions.ai/details/publication/pub.1033424286
    193 rdf:type schema:CreativeWork
    194 https://doi.org/10.1287/mksc.18.1.59 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064713437
    195 rdf:type schema:CreativeWork
    196 https://doi.org/10.1287/mnsc.1040.0278 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064714307
    197 rdf:type schema:CreativeWork
    198 https://doi.org/10.1287/mnsc.1120.1629 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064715775
    199 rdf:type schema:CreativeWork
    200 https://doi.org/10.1287/msom.2.4.410.12339 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064725161
    201 rdf:type schema:CreativeWork
    202 https://doi.org/10.1287/opre.1120.1040 schema:sameAs https://app.dimensions.ai/details/publication/pub.1064726596
    203 rdf:type schema:CreativeWork
    204 https://doi.org/10.2139/ssrn.1734682 schema:sameAs https://app.dimensions.ai/details/publication/pub.1102299474
    205 rdf:type schema:CreativeWork
    206 https://doi.org/10.2307/2297705 schema:sameAs https://app.dimensions.ai/details/publication/pub.1069869077
    207 rdf:type schema:CreativeWork
    208 https://doi.org/10.2753/joa0091-3367390303 schema:sameAs https://app.dimensions.ai/details/publication/pub.1051975891
    209 rdf:type schema:CreativeWork
    210 https://www.grid.ac/institutes/grid.79703.3a schema:alternateName South China University of Technology
    211 schema:name School of Business Administration, South China University of Technology, 510640, Guangzhou, People’s Republic of China
    212 rdf:type schema:Organization
     




    Preview window. Press ESC to close (or click here)


    ...