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Dual Sourcing Using Capacity Reservation and Spot Market: Optimal Procurement Policy and Heuristic Parameter Determination
Inderfurth, Karl; Kelle, Peter; Kleber, Rainer - Fakultät für Wirtschaftswissenschaft, … - 2011
This contribution focuses on the cost-effective management of the combined use of two procurement options: the short …
Persistent link: https://www.econbiz.de/10009225225
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Dual sourcing using capacity reservation and spot market: Optimal procurement policy and heuristic parameter determination
Inderfurth, Karl; Kelle, Peter; Kleber, Rainer - In: European Journal of Operational Research 225 (2013) 2, pp. 298-309
This contribution focuses on the cost-effective management of the combined use of two procurement options: the short …
Persistent link: https://www.econbiz.de/10010595018
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Inventory Management of Platelets in Hospitals: Optimal Inventory Policy for Perishable Products with Regular and Optional Expedited Replenishments
Zhou, Deming; Leung, Lawrence C.; Pierskalla, William P. - In: Manufacturing & Service Operations Management 13 (2011) 4, pp. 420-438
Platelets are short-life blood components used in hospital blood transfusion centers. Excluding time for transportation, testing, and arrangement, clinically transfusable platelets have a mere three-day life span. This paper analyzes a periodic review inventory system for such a perishable...
Persistent link: https://www.econbiz.de/10010630520
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Dual Sourcing in Repeated Procurement Competitions
Klotz, Dorothy E.; Chatterjee, Kalyan - In: Management Science 41 (1995) 8, pp. 1317-1327
The issue of maintaining competition over time in a repeated procurement setting is important for both government and …
Persistent link: https://www.econbiz.de/10009204475
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Bidding for Contests
Seshadri, Sudhindra - In: Management Science 41 (1995) 4, pp. 561-576
The procurement of product development and production services brings special strategic considerations to the buyer … theory. The paper models the strategic issues for a cost containment contest between two suppliers. The suppliers are drawn … winner's share that minimizes expected procurement price, (b) the corresponding profit fee bid by suppliers, (c) the ensuing …
Persistent link: https://www.econbiz.de/10009191560
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Procurement and predation: Dynamic sourcing from financially constrained suppliers
Arve, Malin - In: Journal of Public Economics 120 (2014) C, pp. 157-168
-constrained when these firms repeatedly compete in a procurement context. We characterize and discuss the procurement agency's optimal … should be favored in future procurement. …
Persistent link: https://www.econbiz.de/10011117641
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Procurement and Predation: Dynamic Sourcing from Financially Constrained Suppliers
Arve, Malin - Volkswirtschaftliche Fakultät, … - 2013
This paper studies the interaction between financially constrained and financially strong firms on a procurement market …. It characterizes and discusses a procurement agency’s optimal response when faced with financially asymmetric firms. By …
Persistent link: https://www.econbiz.de/10011140980
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A Newsvendor's Procurement Problem when Suppliers Are Unreliable
Dada, Maqbool; Petruzzi, Nicholas C.; Schwarz, Leroy B. - In: Manufacturing & Service Operations Management 9 (2007) 1, pp. 9-32
We consider the problem of a newsvendor that is served by multiple suppliers, where any given supplier is defined to be either perfectly reliable or unreliable. By perfectly reliable we mean a supplier that delivers an amount identically equal to the amount desired, as is the case in the most...
Persistent link: https://www.econbiz.de/10009218574
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The bullwhip effect in supply chains: a study of contingent and incomplete literature
Sali, Mustapha; Giard, Vincent - Université Paris-Dauphine (Paris IX) - 2013
The bullwhip effect (BWE) describes a phenomenon that involves the increasing amplification of demand variability along a supply chain (SC). The BWE has been a subject that has received continuous attention from researchers over the past 15 years and is a concern for SC managers because it is a...
Persistent link: https://www.econbiz.de/10011082457
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Revenue deficiency under second-price auctions in a supply-chain setting
Romero Morales, Dolores; Steinberg, Richard - In: European Journal of Operational Research 233 (2014) 1, pp. 131-144
via a second-price procurement auction; call this the Standard auction. In the hope of lowering its purchase cost, the …
Persistent link: https://www.econbiz.de/10010709934