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Study Findings on General Mathematics Are Outlined in Reports from School of Finance (Optimal Financing Order Decisions of a Supply Chain under the...

September 2, 2014



Study Findings on General Mathematics Are Outlined in Reports from School of Finance (Optimal Financing Order Decisions of a Supply Chain under the Retailer's Delayed Payment)

By a News Reporter-Staff News Editor at Journal of Mathematics -- New research on General Mathematics is the subject of a report. According to news reporting from Guangdong, People's Republic of China, by VerticalNews journalists, research stated, "In real supply chain, a capital-constrained retailer has two typical payment choices: the up-front payment to receive a high discount price or the delayed payment to reduce capital pressure. We compare with the efficiency of optimal decisions of different participants, that is, supplier, retailer, and bank, under both types of payments based on a game equilibrium analysis."

The news correspondents obtained a quote from the research from the School of Finance, "It shows that under the equilibrium, the delayed payment leads to a greater optimal order quantity from the retailer compared to the up-front payment and, thus, improves the whole benefit of the supply chain. The numerical simulation for the random demand following a uniform distribution further verifies our findings."

According to the news reporters, the research concluded: "This study provides novel evidence that a dominant supplier who actively offers trade credit helps enhance the whole efficiency of a supply chain."

For more information on this research see: Optimal Financing Order Decisions of a Supply Chain under the Retailer's Delayed Payment. Mathematical Problems in Engineering, 2014;():1-8. Mathematical Problems in Engineering can be contacted at: Hindawi Publishing Corporation, 410 Park Avenue, 15TH Floor, #287 Pmb, New York, NY 10022, USA. (Hindawi Publishing - www.hindawi.com; Mathematical Problems in Engineering - www.hindawi.com/journals/mpe/)

Our news journalists report that additional information may be obtained by contacting H.L. Yang, Guangdong Univ Finance & Econ, Sch Finance, Guangzhou 510320, Guangdong, People's Republic of China. Additional authors for this research include Y. Yu, Y. Zha and J.J. Yuan.

Keywords for this news article include: Asia, Guangdong, General Mathematics, People's Republic of China

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


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Source: Journal of Mathematics


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