Two-level trade credit with default risk in the supply chain under stochastic demand
Abstract
In the business world, both the supplier and the retailer accept the credit to make their business position strong, because the credit not only strengthens their business relationships but also increases the scale of their profits. The long period of credit may increase the demand rate but simultaneously it can also increase the credit risk. This paper investigates the two-echelon supply chain model consisting of a supplier supplying a product...
Paper Details
Title
Two-level trade credit with default risk in the supply chain under stochastic demand
Published Date
Oct 1, 2019
Journal
Volume
88
Pages
4 - 23
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