Batch size and stocking levels in multi-echelon repairable systems
Management Science
Material management in decentralized supply chains
Operations Research
Installation vs. echelon stock policies for multilevel inventory control
Management Science
Information distortion in a supply chain: the bullwhip effect
Management Science - Special issue on frontier research in manufacturing and logistics
Value of Information in Capacitated Supply Chains
Management Science
Decentralized Multi-Echelon Supply Chains: Incentives and Information
Management Science
Principles of Corporate Finance with Cdrom
Principles of Corporate Finance with Cdrom
Option Methods for Incorporating Risk into Linear Capacity Planning Models
Manufacturing & Service Operations Management
Supply Chain Inventory Management and the Value of Shared Information
Management Science
A Stochastic Inventory Model with Trade Credit
Manufacturing & Service Operations Management
Supply Contracts with Financial Hedging
Operations Research
Resource and Revenue Management in Nonprofit Operations
Operations Research
Securitization and Real Investment in Incomplete Markets
Management Science
Echelon base-stock policies are financially sub-optimal
Operations Research Letters
Financing newsvendor inventory
Operations Research Letters
Computers and Operations Research
A joint model for cash and inventory management for a retailer under delay in payments
Computers and Industrial Engineering
Coordinating a three-level supply chain with delay in payments and a discounted interest rate
Computers and Industrial Engineering
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Most of the traditional models in production and inventory control ignore the financial states of an organization and can lead to infeasible practices in real systems. This paper is the first attempt to incorporate asset-based financing into production decisions. Instead of setting a known, exogenously determined budgetary constraint as most existing models suggest, we model the available cash in each period as a function of assets and liabilities that may be updated periodically according to the dynamics of the production activities. Furthermore, our models allow different interest rates on cash balance and outstanding loans, which is an enhancement over most traditional models in that inventory financed by a loan may be more expensive than that by out-of-pocket cash. We demonstrate the importance of joint consideration of production and financing decisions in a start-up setting in which the ability to grow the firm is mainly constrained by its limited capital and dependence on bank financing. We then explain the motivation for asset-based financing by examining the decision making at a bank and a set of retailers in a newsvendor setting.