CAJ | 학술논문

在考虑资金约束的情况下，零售商可以先支付给制造商一部分货款，其余部分延期支付，这相当于制造商融资给零售商。作为允许延期付款的附加条件，制造商要收取一定的融资利息，同时可以将零售商的订货批量约束在确定的数量。在报童模型的框架下，建立了预期利润模型。通过对模型的讨论，使用迭代算法确定了不同零售商保留利润下的制造商最优决策。当零售商的保留利润大于一定数值时，通过对订货批量的约束，供应链实现了协调。最后，用算例验证了结论。
재고필자금약속적정황하，령수상가이선지부급제조상일부분화관，기여부분연기지부，저상당우제조상융자급령수상。작위윤허연기부관적부가조건，제조상요수취일정적융자이식，동시가이장령수상적정화비량약속재학정적수량。재보동모형적광가하，건립료예기리윤모형。통과대모형적토론，사용질대산법학정료불동령수상보류리윤하적제조상최우결책。당령수상적보류리윤대우일정수치시，통과대정화비량적약속，공응련실현료협조。최후，용산례험증료결론。
Taking the retailer＇s capital cons turer partially at first and discharge the surplus to the manufacturer provides financing for the r traint into account, the retailer can pay the manufac amount at the end of the sale cycle. This case is equal etailer＇s purchase. The manufacturer will get capital interest and can restrict the retailer＇s order quantity as financial conditions. The model of expected profit has been found within the newsvendor model framework. After discussing the model, the opti- mal policies of the manufacturer under different retailer＇s reserved profit are made by iterative algo- rithm. When the retailer＇s reserved profit is more than certain value the supply chain coordination is achieved by restricting the retailer＇s order quantity. The conclusions are tested by numerical examples at last.