Quantity flexibility contracts under Bayesian updating
β Scribed by Jianghua Wu
- Book ID
- 108105601
- Publisher
- Elsevier Science
- Year
- 2005
- Tongue
- English
- Weight
- 286 KB
- Volume
- 32
- Category
- Article
- ISSN
- 0305-0548
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
We consider two classes of problems in the supply chain management literature: the multiple supply problem and quantity flexibility contracts. We identify the similarities between these two problems and show that for both the total operating cost of the manufacturer is convex with respect to its arg
The enterprise manager anticipates that he will be rationed in his input markets and is required to meet an output target. In order to avoid a penalty for missing the output target, he can purchase the inputs at an earlier time, when rationing is not in effect, but then he must incur an inventory co