Shipping Companies To The Customer's Credit Evaluation Studies

The market economy is credit economy and venture economy. And in the market economy, it is a primary condition for the operation of the whole economy system to ensure that every contract will be fulfilled as scheduled. However, in the shipping industry, the credit management is hard to operate, due to the irregular practices of the shipping industry and other factors. Therefore, many shipping enterprises have a lot of overdue accounts receivable, some of which have become dead accounts. And this has made those enterprises take on lots of economic losses. So we must arise the level of the credit management of the shipping industry. It is important for the industry to improve the credit management of the shipping enterprises, and during this process, to build a model of the customer's credit assessment is a key stage. Therefore, it is critical to study the model of the customer's credit assessment.The thesis discusses in great length about the building of the evaluating index system and the model of the customer's credit assessment of the shipping enterprises.The thesis starts with the analysis of the present condition of the shipping enterprises credit management, the characters of their customers and the present customer's credit assessment index system, and then builds a customer's credit assessment index system of the shipping enterprise.Secondly, the model of credit assessment based on BP network is presented, after the analysis of many models of the credit assessment. The model is followed by a numerical example, which show that there are some disadvantages in the model. So another credit assessment model is presented based on BP network combined with Genetic Algorithms, which is more effective. And the numerical example shows that this model is more efficient.Finally, the model based on BP network combined with GA is chosen as the model of customer's credit assessment of shipping enterprises.Here are the innovations of the thesis:1. Study the customer's credit assessment of shipping enterprises especiallyThe studies of the credit assessment are mostly focused on the public company or the customers of the bank. The thesis has built the model of the...