摘要
This paper proposes a procurement and production outsourcing model subject to a dynamic prices environment. Using the optimal control theory we obtain the necessary conditions of the optimal procurement and production policy. From the study of optimal control conditions, we derive qualitative properties of the optimal procurement and production decisions for a few exemplifying cases. Through these results we are able to provide some managerial implications for managers to make real decisions.
This paper proposes a procurement and production outsourcing model subject to a dynamic prices environment. Using the optimal control theory we obtain the necessary conditions of the optimal procurement and production policy. From the study of optimal control conditions, we derive qualitative properties of the optimal procurement and production decisions for a few exemplifying cases. Through these results we are able to provide some managerial implications for managers to make real decisions.
基金
Supported by National Natural Science Foundation of China (No. 70871044, 71171153, 71171152)
Humanities and Social Sciences Research Project of Chinese Ministry of Education for Youth (No. 11YJC630011)
China Postdoctoral Science Foundation(No.2012M511215)
Humanities and Social Sciences Research Project of Hubei Province Office of Education (No. 2010q054)
Science and Technology Research Project of Hubei Province Office of Education (No. B20111603)
