Wholesale Price Contract under the Newsvendor Problem
The application of contracts is one of the basic forms of supply chain coordiniation and profit sharing.In a two-step supply chain with one supplier and one retailer,this paper studies the validity of the wholesale price contract under newsvendor problem.Then based on the whole sale price contact,we incorporate the compensation and punishment on the left-over inventory,and prove that the buy-back contract and the wholesale price with default fine contract can make the supply chain achieve optimal profit,and discuss the possible related problem.
newsvendor problem wholesale price contract buy-back contract default fine
Li Jinghong Luo Dingti
Management Science & Engineering Research Institute,Hunan University of Technology,Zhuzhou,P.R.China.412008
国际会议
2006 Interntional Conferecne on Management of Logistics and Supply Chain(2006物流与供应链管理国际研讨会)
长沙
英文
520-525
2006-09-20(万方平台首次上网日期,不代表论文的发表时间)