The Efficiency and Decision Research of Horizontal Integration in Supply Chain under Yixin Credit
Considering a supply chain with a dominant supplier and two subordinate retailers under trade credit,the supplier's capital is sufficient while the two retailers face capital restriction and random de-mand.The research shows that the profitability of retailers is limited by their capital level.The mergence of two retailers can affect the profit of retailers and suppliers.when the retailer's capital level is low,the retailer merger can improve its own profitability.When the retailer is rich in funds,the merger may have a negative impact on the retailer's profits.
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维普
