DocumentCode
515125
Title
Research on the third part logistics company´s financing pricing under conditions of permissible delay in payments for exponentially deteriorating products
Author
Yuan, Bo ; Wang, Chuanxu
Author_Institution
Sch. of Econ. & Manage., Shanghai Maritime Univ., Shanghai, China
Volume
2
fYear
2010
fDate
9-10 Jan. 2010
Firstpage
861
Lastpage
864
Abstract
This paper set up a 3PL Company´s financing pricing model for the exponentially deteriorating products. Based on the supplier´s permission of delayed payment and the 3PL Company´s provision of inventory impawn financing service, it studied retailer´s decision-making of its optimal order quantity and 3PL Company´s optimal decision-making problem of providing the finance service. At last, a numerical example was given to analyze the effectiveness of the proposed model. It is shown that both retailer and the 3PL company can achieve their optimal goals by using the proposed model.
Keywords
decision making; inventory management; logistics; outsourcing; pricing; retailing; exponentially deteriorating products payments; inventory impawn financing service; permissible delay; retailer decision making; third part logistics company financing pricing; Costs; Decision making; Delay; Economic indicators; Finance; Financial management; Logistics; Lot sizing; Pricing; Supply chains; Delayed Credit; Inventory Impawn Financing; Pricing; Supply Chain;
fLanguage
English
Publisher
ieee
Conference_Titel
Logistics Systems and Intelligent Management, 2010 International Conference on
Conference_Location
Harbin
Print_ISBN
978-1-4244-7331-1
Type
conf
DOI
10.1109/ICLSIM.2010.5461060
Filename
5461060
Link To Document