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Dynamic Relational Contracts for Quality Enforcement in Supply Chains
Bondareva, Mariya; Pinker, Edieal J. - 2017
relationship is terminated, is determined by the contract terms. We characterize the properties of the optimal dynamic equilibria …
Persistent link: https://www.econbiz.de/10014118155
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Supply contracting under dynamic asymmetric cost informationl
Di Corato, Luca; Moretto, Michele - 2024
We consider a long-term contractual relationship in which a buyer procures a fixed quantity of a product from a supplier and then sells it on the market. The production cost is private information and evolves randomly over time. The solution to this dynamic principal-agent problem involves a...
Persistent link: https://www.econbiz.de/10014478916
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Buyback Contracts with a Stochastic Demand Curve
Zhao, Yingxue - 2020
equilibrium contract parameters along with the corresponding retail price and order quantity−all as functions of the demand curve …
Persistent link: https://www.econbiz.de/10012846522
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Profit Allocation, Decision Sequence and Compliance Aspects of Coordinating Contracts : A Retrospect
Lu, Meng; Sethi, Suresh; Xie, Yangyang; Yan, Houmin - 2020
Coordinating contracts have been extensively researched in supply chain management. In this retrospect, we systematically review the profit allocation, decision sequence, and compliance aspects of these contracts. In addition to the existing concepts in the literature, we propose the notion of...
Persistent link: https://www.econbiz.de/10014100798
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Guarding Against Disruption Risk by Contracting under Information Asymmetry
Li, Guo - 2020
menu contracts. Under the wholesale price contract, we specify two practical regimes: pull and push. We derive and compare … the initial reliability heterogeneity in both the push and pull regimes. Under the screening menu contract, we also …
Persistent link: https://www.econbiz.de/10012838902
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Sourcing Contract under Countervailing Incentives
Feng, Qi - 2020
We study a retailer's sourcing contract when the supplier's reservation profit (offered by his outside options) depends … supplier's marginal reservation profit. In this case, the optimal contract quantities maximize the supply chain profits for the … contract. Observations from our analysis contrast with those derived from previous studies, complementing the theory of …
Persistent link: https://www.econbiz.de/10012846558
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Scheduling in Production, Supply Chain and Industry 4.0 Systems by Optimal Control : Fundamentals, State-of-the-Art, and Applications
Ivanov, Dmitry - 2020
Specific scheduling problems with complex hybrid logical and terminal constraints, non-stationarity in process execution as well as complex interrelations between dynamics in process design, capacity utilization, and machine setups require further investigation and the application of a broad...
Persistent link: https://www.econbiz.de/10012846529
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The Product View and its Impact on Supply Chain Excellence
Rajamani, Divakar - 2020
The process of delivering goods and services better, faster and cheaper sounds simple but can sometimes be unpredictable and lead to shortages or surpluses. Over the past two decades, the supply chain journey has evolved through a number of distinct phases along with a shift in power from...
Persistent link: https://www.econbiz.de/10012838108
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Supply Chains Involving a Mean-Variance-Skewness-Kurtosis Newsvendor : Analysis and Coordination
Zhang, Juzhi - 2020
of SCC and flexibility of the coordinating contract. We also uncover that if we assume an individual MVSK agent to be an …
Persistent link: https://www.econbiz.de/10012838900
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The Implication of Vendor Inventory Liability Period in a Decentralised Assembly System
Guan, Xu (Gavin) - 2020
This paper investigates a decentralized assembly system that consists of one manufacturer and multiple suppliers who produce the complementary components. In a single selling season, the manufacturer initially sets a vendor inventory liability period (VILP) to control the suppliers' delivery...
Persistent link: https://www.econbiz.de/10012838190