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Research On Ordering Policy Based On Finance Transportation And Warehouse

Posted on:2013-09-18Degree:MasterType:Thesis
Country:ChinaCandidate:Z W DuanFull Text:PDF
GTID:2249330371478087Subject:Traffic and Transportation Engineering
Abstract/Summary:PDF Full Text Request
In market economic environment at present, small and medium-sized enterprises are playing more and more important role in the development of national economy. The small-scale real estate and low ability to obtain bank loans make it difficult to obtain bank loans, then finance became the primary bottleneck of enterprises development. Financing Warehouse links the tripartite interests of bank, the third party logistics enterprise and loan Enterprise, effectively integrating the capital flow, information flow and logistical flow, opened up a new financing channel for small and medium-sized enterprises, realizing tripartite win. Capital constraints and budget shortfalls the problems that are often met in purchasing decisions, open financing warehouse can effectively solve this problem for small and medium-sized enterprises. Study ordering policy that small and medium-sized enterprises develop financing warehouse to solve lack of initial capital.Firstly, introduced the basic concepts, the main function, operational procedures and basic operation mode of financing warehouse, and ordering policy of risk neutral and loss averse maker when lacking of initial capital.Secondly, study ordering policy under two basic financing operation mode of financing warehouse namely Warehouse Receipts Pledge and Confirmed warehouse mode. And introduce the decision maker’s preference into order model. Analyze ordering policy of risk neutral and loss averse decision maker under two kinds of financing mode. Establish and solve the corresponding model, and analyze the model.Finally, Analyze examples and draw the conclusion:The optimal order quantity with confirmed warehouse model for financing order are greater than Warehouse Receipts Pledge. The distributor can obtain more expected profit. While the Warehouse Receipts Pledge mode is simpler and more convenient, which have wider applicability. The optimal order quantities of risk neutral decision-makers increases with the increase of commodity stock loss、 Reduced Price、 Repurchase Price、 Retail Price. decrease with the increase of commodity Whole Price under Warehouse Receipts Pledge and Confirmed warehouse. The optimal order quantities of loss aversion distributors increases with the increase of loss aversion coefficient、 decrease with the increase of loss aversion coefficient or remain unchanged in different circumstances. The optimal order quantities of loss aversion distributors increases with the increase of commodity Reduced Price、 Repurchase Price、 stock loss. Optimal order quantities of loss aversion distributors increase as the increase of Retail Price initially and then decreases. Optimal order quantities increase as the Whole Price of Retail Price initially and then decrease.
Keywords/Search Tags:Financing Transportation and Warehouse, Warehouse Receipts Pledge, Confirmed warehouse, Ordering Policy, Risk Neutrality, Risk Aversion
PDF Full Text Request
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