Shen, Houcai; Pang, Zhan; Cheng, T.C.E. - In: International Journal of Production Economics 132 (2011) 1, pp. 146-153
This paper studies the purchasing behaviour of a loss-averse engineer-to-order manufacturer, who purchases a key component for his final product from a supplier under a single-wholesale-price contract with spot purchase opportunities, where both the product demand and the component spot price...