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Purchase Contract Management for Fashion Products
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作者 TSAO Debi 《Journal of Electronic Science and Technology of China》 2004年第3期200-204,共5页
This paper develops a tow-stage purchase contract for fashion products to manage the buyer's cost. In addition to require a commitment, the purchase contract allows the buyer to adjust the commitment at a later st... This paper develops a tow-stage purchase contract for fashion products to manage the buyer's cost. In addition to require a commitment, the purchase contract allows the buyer to adjust the commitment at a later stage. We model the buyer's problem and obtain explicit formulae to describe the buyer's optimal behavior. We analyze the effect of parameters on the buyer's cost and prove that such contract can decrease the buyer's cost numerically. 展开更多
关键词 purchase contract supply chain quantity flexibility forecast update
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OUTSOURCING DECISION AND ORDER POLICY WITH FORECAST UPDATING UNDER CAPACITY RESERVATION CONTRACT
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作者 Jianbin LI Mingzheng WANG +1 位作者 Wei ZHOU Weihua ZHOU 《Journal of Systems Science and Systems Engineering》 SCIE EI CSCD 2014年第1期39-79,共41页
This paper investigates an optimal decision problem in a single-period, two-stage supply chain with capacity reservation contract. At the beginning of the planning horizon, the retailer, who faces stochastic demand, r... This paper investigates an optimal decision problem in a single-period, two-stage supply chain with capacity reservation contract. At the beginning of the planning horizon, the retailer, who faces stochastic demand, reserves future capacity according to his forecasting of the demand. The supplier then constructs capacity. At the beginning of the selling season, the retailer updates the demand forecasting and places an order. When the retailer's demand is greater than the supplier's capacity, the supplier can meet the retailer's demand by outsourcing. We analyze the optimal decision of each player in both centralized and decentralized systems. Furthermore, under the case in which demand follows a uniform distribution, we obtain the closed-form optimal strategies of each player for both centralized and decentralized systems and conduct numerical studies to reveal additional conclusions. The numerical studies show that the optimal reservation capacity for the retailer and the optimal constructing capacity for the supplier in the decentralized system are both less than the optimal constructing capacity in the centralized system. Furthermore, we also find that the profit loss due to decentralization always exists and increases in indeterminacy. 展开更多
关键词 Supply chain COORDINATION forecast updating reserving contract OUTSOURCING
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