A Research on the Deferred Payment Financing Mode for Car Rental Platform Considering with Early Repayment

doi:10.3969/j.issn.1007-7375.2022.03.012

Abstract

Abstract: In order to solve the shortage of capital of the rental platform, the deferred payment financing mode with early repayment is proposed for the car rental supply chain composed of the manufacturer as the dominant player in the Stackelberg game and the rental platform as the follower. According to EOQ model theory, basic decision mode, traditional deferred payment financing mode and the deferred payment financing mode with early repayment are established respectively, and then the choice of financing strategy, the optimal wholesale price policy and the optimal ordering policy are given. The results show that the interest rate affects the optimal wholesale price policy, the optimal ordering policy and the profit of all parties. The manufacturer is more willing to provide the extremely low-interest rate deferred payment financing mode with early repayment and the rental platform will adopt three different optimal ordering strategies accordingly. Finally, a numerical example is used to verify the conclusion and carry out the sensitivity analysis of the daily interest rate.

Key words: car rental, EOQ model, deferred payment, stackelberg game

CLC Number:

F272

WU Xiaoli, WANG Wentao, LIU Shengbo. A Research on the Deferred Payment Financing Mode for Car Rental Platform Considering with Early Repayment[J]. Industrial Engineering Journal, 2022, 25(3): 101-107.

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