Title :
The optimal trade credit term and key component replacement time considering shortage cost in manufacturing industry
Author_Institution :
School of International Business Administration, Shanghai University of Finance& Economics, Shanghai China
Abstract :
Supply chain finance policies can help enterprises in manufacturing industry to have better payments schedules with their business partners. This paper consider the decision of the optimal trade credit term and key component replacement time considering shortage cost in manufacturing industry. We build a model with which we can prove that there exist the optimal trade credit term and key component replacement time for enterprises in manufacturing industry.
Keywords :
"Manufacturing","Industries","Pricing"
Conference_Titel :
Advanced Information Technology, Electronic and Automation Control Conference (IAEAC), 2015 IEEE
Print_ISBN :
978-1-4799-1979-6
DOI :
10.1109/IAEAC.2015.7428674
