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Journal ArticleDOI

Production and procurement strategies for seasonal product supply chain under yield uncertainty with commitment-option contracts

TLDR
In this paper, a game-theoretic decision-making model of production and procurement with commitment-option contracts in a decentralized supply chain consisting of one manufacturer and one retailer is developed.
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This article is published in International Journal of Production Economics.The article was published on 2017-01-01. It has received 73 citations till now. The article focuses on the topics: Option contract & Call option.

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Citations
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Journal ArticleDOI

Supply option contracts with spot market and demand information updating

TL;DR: A two-stage model to explore the supply option contract in a two-echelon supply chain, taking into account a stochastic spot market and demand information updating of general correlation is developed, revealing that EUOS can be a viable alternative for real option pricing in the supply chain.
Journal ArticleDOI

Emission abatement and procurement strategies in a low-carbon supply chain with option contracts under stochastic demand

TL;DR: The results show that both contracts can effectively improve corporate profits and curb carbon emissions, but the UO contract is more beneficial to manufacturer and the whole supply chain as well as the environment owing to its flexibility to cancel or return products not exceeding the option order quantity.
Journal ArticleDOI

Supply chain coordination under option contracts with joint pricing under price-dependent demand

TL;DR: In this article, the authors consider a coordination problem under option contracts in a two-echelon supply chain, where the product retail prices, option price, option exercise price, and order quantity are optimized.
Journal ArticleDOI

Financing and coordinating the supply chain with a capital-constrained supplier under yield uncertainty

TL;DR: In this paper, the authors consider the problem of coordinating issues in a supply chain with one supplier (she) and one manufacturer (he), where the supplier is capital-constrained and her production yield is random.
Journal ArticleDOI

Influenza vaccine supply chain coordination under uncertain supply and demand

TL;DR: A procurement strategy that provides the social planner with two ordering opportunities and explore the conditions under which the two members would be willing to accept the strategy are proposed, showing that such a strategy is effective on improving the influenza vaccine supply chain coordination.
References
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Book ChapterDOI

Supply Chain Coordination with Contracts

TL;DR: This chapter extends the newsvendor model by allowing the retailer to choose the retail price in addition to the stocking quantity, and discusses an infinite horizon stochastic demand model in which the retailer receives replenishments from a supplier after a constant lead time.
Journal ArticleDOI

Contracting to Assure Supply: How to Share Demand Forecasts in a Supply Chain

TL;DR: Contracts that allow the supply chain to share demand forecasts credibly under either compliance regime are studied.
Journal ArticleDOI

The Quantity Flexibility Contract and Supplier-Customer Incentives

TL;DR: In this article, the authors consider a supply chain consisting of two independent agents, a supplier e.g., a manufacturer and a retailer, the latter serving an uncertain market demand.
Book ChapterDOI

Modeling Supply Chain Contracts: A Review

TL;DR: A review of model-based research on contracts in the supply chain setting and a taxonomy for work in this area can be found in this paper, where a survey of the Uterature is provided.
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