Staff View
Vendor financing and its impact on vendor's optimal policies

Descriptive

TitleInfo
Title
Vendor financing and its impact on vendor's optimal policies
Name (type = personal)
NamePart (type = family)
Duhaylongsod
NamePart (type = given)
Jose Benedicto B.
NamePart (type = date)
1987-
DisplayForm
Jose Benedicto Duhaylongsod
Role
RoleTerm (authority = RULIB)
author
Name (type = personal)
NamePart (type = family)
Melamed
NamePart (type = given)
Benjamin
DisplayForm
Benjamin Melamed
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
chair
Name (type = personal)
NamePart (type = family)
Sopranzetti
NamePart (type = given)
Ben
DisplayForm
Ben Sopranzetti
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
co-chair
Name (type = personal)
NamePart (type = family)
Boros
NamePart (type = given)
Endre
DisplayForm
Endre Boros
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
internal member
Name (type = corporate)
NamePart
Rutgers University
Role
RoleTerm (authority = RULIB)
degree grantor
Name (type = corporate)
NamePart
Graduate School - New Brunswick
Role
RoleTerm (authority = RULIB)
school
TypeOfResource
Text
Genre (authority = marcgt)
theses
OriginInfo
DateCreated (qualifier = exact)
2013
DateOther (qualifier = exact); (type = degree)
2013-05
Place
PlaceTerm (type = code)
xx
Language
LanguageTerm (authority = ISO639-2b); (type = code)
eng
Abstract (type = abstract)
This research aims to elucidate how vendor financing impacts the business strategy of the vendor and to shed light on the resulting optimal inventory and dividend policies. We consider a vendor employing a Make-to-Stock inventory policy and selling to a particular set of buyers facing product demand. The vendor is constrained by a fixed amount of capital available for purchasing inventory and incurs a variety of costs. Since the buyers are also financially constrained, the vendor offers financing to the buyers in the form of trade credits, and receives the corresponding incremental orders, which would not be placed with the vendor in the absence of vendor financing. This thesis makes two primary contributions: (1) the suboptimal supply chain policies that arise from implementing vendor financing are explored; and (2) a stochastic optimization model and the attendant objective function from the perspective of the vendor are formulated and solved for optimal financial and inventory policies, simultaneously. The objective function maximizes the expected discounted dividends generated by the vendor, given its initial inventory and capital, subject to capital constraints. This is compared and contrasted with the case wherein the vendor utilizes an inventory policy, but no vendor financing and cases wherein the vendor uses vendor financing but has less available access to external funds. Analyses and insights are provided thereafter.
Subject (authority = RUETD)
Topic
Operations Research
RelatedItem (type = host)
TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier (type = RULIB)
ETD
Identifier
ETD_4659
PhysicalDescription
Form (authority = gmd)
electronic resource
InternetMediaType
application/pdf
InternetMediaType
text/xml
Extent
vi, 52 p. : ill.
Note (type = degree)
M.S.
Note (type = bibliography)
Includes bibliographical references
Note (type = statement of responsibility)
by Jose Benedicto B. Duhaylongsod
Subject (authority = ETD-LCSH)
Topic
Business--Computer programs
Subject (authority = ETD-LCSH)
Topic
Finance
Identifier (type = hdl)
http://hdl.rutgers.edu/1782.1/rucore10001600001.ETD.000068844
RelatedItem (type = host)
TitleInfo
Title
Graduate School - New Brunswick Electronic Theses and Dissertations
Identifier (type = local)
rucore19991600001
Location
PhysicalLocation (authority = marcorg); (displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier (type = doi)
doi:10.7282/T38W3BWG
Genre (authority = ExL-Esploro)
ETD graduate
Back to the top

Rights

RightsDeclaration (ID = rulibRdec0006)
The author owns the copyright to this work.
RightsHolder (type = personal)
Name
FamilyName
Duhaylongsod
GivenName
Jose Benedicto
Role
Copyright Holder
RightsEvent
Type
Permission or license
DateTime (encoding = w3cdtf); (qualifier = exact); (point = start)
2013-04-12 15:34:22
AssociatedEntity
Name
Jose Benedicto Duhaylongsod
Role
Copyright holder
Affiliation
Rutgers University. Graduate School - New Brunswick
AssociatedObject
Type
License
Name
Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
Back to the top

Technical

RULTechMD (ID = TECHNICAL1)
ContentModel
ETD
OperatingSystem (VERSION = 5.1)
windows xp
Back to the top
Version 8.5.5
Rutgers University Libraries - Copyright ©2024