Optimal production and procurement decisions in a supply chain with an option contract and partial backordering under uncertainties

DOI10.1016/J.AMC.2014.01.149MaRDI QIDQ1646232zbMATH OpenOpenAlexFDO

Authors F. Hu, C. C. Lim, Zudi Lu

Publication date 22 June 2018

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2014.01.149

zbMATH Keywords

uncertaintysupply chainoption contractpartial backordersoptimal ordering policy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Transportation, logistics and supply chain management (90B06)

Recommendations

• scientific article; zbMATH DE number 6401261
• Multiperiod production and ordering policies for a retailer-led supply chain through option contracts
• scientific article; zbMATH DE number 5284201
• Optimal ordering policy in a two-echelon supply chain model with variable backorder and demand uncertainty
• Outsource planning through option contracts with demand and cost uncertainty

Cites work

• A Forecasting Method for Management of Seasonal Style-Goods Inventories
• A flexible contract strategy in a supply chain with an inflexible production mode
• An EPQ model with inflation in an imperfect production system
• Backup Agreements in Fashion Buying—The Value of Upstream Flexibility
• Contracting to assure supply: how to share demand forecasts in a supply chain
• Manufacturer-buyer coordination for newsvendor-type-products with two ordering opportunities and partial backorders
• Note. The role of returns policies in pricing and inventory decisions for catalogue goods
• On coordinating an assembly system under random yield and random demand
• On sequential commitment in the price-dependent newsvendor model
• Optimal bidding and contracting strategies for capital-intensive goods
• Optimizing inventory decisions in a multi-stage supply chain under stochastic demands
• Random yield supply chain with a yield dependent secondary market
• The Distribution Free Newsboy Problem: Review and Extensions
• The Newsboy Problem under Alternative Optimization Objectives

Cited in

(12)

• Multisources risk management in a supply chain under option contracts
• A production inventory supply chain model with partial backordering and disruption under triangular linguistic dense fuzzy lock set approach
• Coping with an unreliable supplier: an option contract with a backup supplier
• Supply chain bilateral coordination with option contracts under inflation scenarios
• Optimal production lot size under backup agreement allowing substitute products
• Call, put and bidirectional option contracts in agricultural supply chains with sales effort
• Capacity procurement in logistics service supply chain with demand updating and rational expectation behavior
• Optimal ordering and pricing policies for seasonal products: impacts of demand uncertainty and capital constraint
• Optimal ordering decisions of a crop seed supply chain with different contracts
• The role of put option contracts in supply chain management under inflation
• Option pricing and coordination in the fresh produce supply chain with portfolio contracts
• An enhanced L-shaped method for optimizing periodic-review inventory control problems modeled via two-stage stochastic programming

This page was built for publication: Optimal production and procurement decisions in a supply chain with an option contract and partial backordering under uncertainties

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1646232)