Decision model of supply chain quantity flexibility contract with optionChinese Full Text
ZHU Hai-bo;HU Wen;School of Computer and Information Engineering,Harbin University of Commerce;
Abstract: The coordination problem of a multi-period supply chain for single type of products composed of one manufacturer and one retailer is discussed. In such a supply chain, a decision-making model is proposed by combining quantity flexibility contract with options. The demand uncertainty is described by a finite number of the possible scenarios. The stochastic programming model based on scenarios is solved through progressive hedging algorithm. In this algorithm, optimal option purchase quantities and order quantities for the retailer and optimal raw materials purchase quantities and production quantities for the manufacturer can be calculated. Finally, a numerical simulation experiment is given to validate the effectiveness of the proposed model.
Keywords:
supply chain coordination; quantity flexibility contract; stochastic programming model; option;
- DOI:
10.13195/j.kzyjc.2013.0018
- Series:
- Subject:
- Classification Code:
F224;F274
- Mobile Reading
Read on your phone instantly
Step 1Scan QR Codes
"Mobile CNKI-CNKI Express" App
Step 2Open“CNKI Express”
and click the scan icon in the upper left corner of the homepage.
Step 3Scan QR Codes
Read this article on your phone.
- CAJ Download
- PDF Download
下载手机APP用APP扫此码同步阅读该篇文章
Tips: Please download CAJViewer to view CAJ format full text.
Download: 656 Page: 860-866 Pagecount: 7 Size: 365K
Citation Network
Related Literature
- Similar Article
- Reader Recommendation
- Associated Author