生产资金约束供应链的最优融资和生产决策  

Optimal financing and production decisions in production capital constrained supply chain

作　　者：占济舟 周献中[2] 公彦德 

机构地区：[1]南京审计学院管理科学与工程学院,江苏南京211815 [2]南京大学工程管理学院,江苏南京210093

出　　处：《系统工程学报》2015年第2期190-200,共11页Journal of Systems Engineering

基　　金：国家自然科学基金资助项目(71302887);江苏省2013年高校哲学社会科学基金资助项目(2013SJD630035);江苏省高校自然科学基金资助项目(14KJD120001)

摘　　要：在供应商生产资金约束的供应链中,考虑了两种融资方式:一是零售商享有批发价折扣下进行提前支付融资;二是零售商提供信贷担保下,银行提供借贷融资.基于这两种融资方式,建立了供应商的最优融资和生产决策模型,分析了融资对供应链系统产生的价值.研究表明,两种融资方式都可为资金约束供应链创造融资价值.当银行给定贷款利率时,零供双方只有商定合适的批发价折扣率,提前支付才比银行融资更具优势,且相对供应商而言,融资将给零售商带来更多的利润.In supplier＇s production capital constrained supply chains, two financing modes for the supplier are considered： one is the retailer＇s prepayment financing with the wholesale discount price, the other is the bank＇s credit with the retailer＇s loan guarantee. Based on the two financing modes, the supplier＇s optimal financing and production decision models are constructed, the financing value for supply chain system is analyzed. The research results show that both financing modes will create the value for capital constrained supply chain. When the bank loan rate is given, only the retailer and supplier negotiate an appropriate wholesale discount rate, the retailer＇s prepayment will be more beneficial than the bank＇s credit financing, and financing will bring more profit to the retailer than the supplier.

关 键 词：生产资金约束 提前支付 信贷担保 融资 

分 类 号：F253.2[经济管理—国民经济] F224