Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1142689 | Operations Research Letters | 2008 | 5 Pages |
Abstract
If the cost of borrowing is not too high, the capital-constrained newsvendor borrows funds to procure an amount that is less than would be ideal. The lender charges an interest rate that decreases in the newsvendor’s equity. Furthermore, we derived a non-linear loan schedule that coordinates the channel.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Maqbool Dada, Qiaohai Hu,