Optimal Financing Order Decisions of a Supply Chain under the Retailer's Delayed Payment

Table 2

The expected benefits under the delayed and up-front payment.

Payment	𝑤	620	660	700	740	780	820	860
Delayed	𝑞𝑠	493	458	418	369	305	215	106
	𝐸𝜋𝑟	15.76	14.27	13.04	12.10	11.50	11.26	11.00
	𝐸𝜋𝑠	9.00	10.17	11.03	11.40	11.00	9.06	5.05
	Total benefit	24.76	24.44	24.07	23.50	22.50	20.32	16.05
Up-front	𝑞𝑏	474	435	389	330	248	117	74
	Total benefit	24.17	23.79	23.3	22.52	20.90	16.38	14.11

Note: The total benefit under the up-front payment involves a supplier, a retailer, and a bank. The benefit listed on Table 2 times 10⁴.