Providing Financial Flow Management Strategies in Supply Chain Projects

Bahremand, Mehrdad; Karimi, Rasoul

doi:10.7232/iems.2018.17.1.155

Cited by 2 publications

(1 citation statement)

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“…If an enterprise needs a specific resource for daily operation, instead of paying a large amount of cost to buy the resource directly, it can obtain the usage right of the resource from a leasing company by paying a small amount of periodic rental fee. In this way, the leasing industry can help an enterprise assure steady cash flow, spread risk, and reduce the cost of capital [4,5]. In addition, compared with purchasing behavior, leasing can effectively avoid wasting phenomena with a lot of resources left unused [6].…”

Section: Introductionmentioning

confidence: 99%

Competitive Analysis of the Online Leasing Problem for Scarce Resources

Chen

Feng

2023

IJERPH

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The leasing activities of enterprises are of positive significance for promoting a green and low-carbon economy. For scarce resources that can easily go into tight supply states due to changes in the external market environment, the sudden change of their price is a common phenomenon in the leasing market. This paper provides an online leasing model based on the characteristics of scarce resources in which the resource might have a sudden price surge, and the length of its usage time cannot be known in advance. An online leasing strategy ON was then developed to achieve the minimum possible acquisition cost for the scarce resource. This strategy was proven to be the optimal online strategy through competitive analysis. Computational experiments were conducted to evaluate the performance of the proposed online strategy. Furthermore, sensitivity analysis of the problem parameters shows that increasing resource reserves and reducing the price-to-rent ratio are effective ways to improve the performance of enterprise leasing operation management for scarce resources.

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Section: Introductionmentioning

confidence: 99%