Zhang, Hao; Nagarajan, Mahesh; Sosic, Greys - 2010
In this paper, we examine a supply chain in which a single supplier sells to a downstream newsvendor-type retailer. We … the sequence of events is as follows. In a period, t, the supplier offers a contract to the retailer, and the retailer … excess inventory (we assume a lost sales model) to the next period. In period t 1, the supplier designs a new contract based …