Fresh Produce Retailers Options Ordering Decisions on Risk Elusion

摘要：

The Options Contracts were introduced into the fresh produce retailers ordering model, and the huge circulation wastages were taken into account the two stage model in one period. Firstly, it is supposed that the demand would be affected by the produces fresh degree, and then the retailers procurement models both without options case and with options case were built. Secondly, the stocking factor method was introduced into models, the optimal ordering quantity as well as the maximum profit was proved to be exist and only with options case. Furthermore, the retailer can get a higher maximum profit with options case than without options case. Finally, the conclusion after numerical study is gained that the retailers maximum profit is positive correlative to the options executing price, when the retail price is steadiness.

关键词： Supply chain risk management Stocking factor Fresh degree Options contracts

作者: Jing Wang

作者单位: School of Management and Economics, University of Electronic Science & Technology of China,Chengdu 610054, China

会议类型: 国际会议

会议名称: The 1st International Conference on Sustainable Construction & Risk Management(首届可持续建设与风险管理国际会议)

会议地点: 重庆

会议语种:英文

页码: 1413-1417

在线出版日期: 2010-06-12（万方平台首次上网日期，不代表论文的发表时间）