{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,12,18]],"date-time":"2025-12-18T19:51:12Z","timestamp":1766087472592,"version":"3.41.2"},"reference-count":49,"publisher":"Emerald","issue":"2","license":[{"start":{"date-parts":[[2019,10,22]],"date-time":"2019-10-22T00:00:00Z","timestamp":1571702400000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.emerald.com\/insight\/site-policies"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["IMDS"],"published-print":{"date-parts":[[2019,10,22]]},"abstract":"<jats:sec>\n<jats:title content-type=\"abstract-subheading\">Purpose<\/jats:title>\n<jats:p>The purpose of this paper is to investigate the major factors influencing retailer\u2019s optimal ordering strategy in a supply chain consisting of one supplier and one retailer, where the retailer is newsvendor-like and capital-constrained, and further explore the issue of supply chain coordination.<\/jats:p>\n<\/jats:sec>\n<jats:sec>\n<jats:title content-type=\"abstract-subheading\">Design\/methodology\/approach<\/jats:title>\n<jats:p>Based on bi-objective programming which is modeled under the mean-variance framework, the retailer\u2019s optimal ordering strategy is derived. Furthermore, through comparative analysis between decentralized system and centralized system along with a numerical simulation, this study examines the theoretical conclusions about supply chain coordination.<\/jats:p>\n<\/jats:sec>\n<jats:sec>\n<jats:title content-type=\"abstract-subheading\">Findings<\/jats:title>\n<jats:p>This study shows that a poor retailer with a high Expected Terminal Wealth Target Threshold (ETWTT) would ignore bankruptcy risk and order more, whereas a rich retailer is relatively conservative. It also reveals that in some cases, the optimal order quantity and performance of decentralized system could be both improved. However, the centralized system can always get more profit than the decentralized one.<\/jats:p>\n<\/jats:sec>\n<jats:sec>\n<jats:title content-type=\"abstract-subheading\">Originality\/value<\/jats:title>\n<jats:p>This study uses a bankruptcy threshold to describe retailer\u2019s bankruptcy risk, and considers retailer\u2019s wealth status to formulate the model as an innovative bi-objective programming. The type of retailer as rich or poor in terms of his wealth status and asset structure is distinguished. Moreover, the impacts of retailer\u2019s type and ETWTT on ordering strategy are examined.<\/jats:p>\n<\/jats:sec>","DOI":"10.1108\/imds-03-2019-0200","type":"journal-article","created":{"date-parts":[[2019,10,25]],"date-time":"2019-10-25T03:25:12Z","timestamp":1571973912000},"page":"406-424","source":"Crossref","is-referenced-by-count":5,"title":["Capital-constrained bi-objective newsvendor model with risk-averse preference and bankruptcy threshold"],"prefix":"10.1108","volume":"120","author":[{"given":"Chen","family":"Yang","sequence":"first","affiliation":[]},{"given":"Desheng","family":"Wu","sequence":"additional","affiliation":[]},{"given":"Weiguo","family":"Fang","sequence":"additional","affiliation":[]}],"member":"140","reference":[{"issue":"1","key":"key2020012215050096500_ref001","doi-asserted-by":"crossref","first-page":"90","DOI":"10.1287\/opre.2018.1757","article-title":"The big data newsvendor: practical insights from machine 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