Coordination of Supply Chains by Flexible Option Contracts

摘要：

This paper studies coordination in a supply chain with one manufacture and one retailer using the flexible supply contracts via call options. First we derive the manufacture’s optimal production decisions and the retailer’s optimal order decisions. Then we obtain an contract set, in which any option contract can coordinate the supply chain. We also prove that using the option contracts in this set, the manufacture’s profit, the retailer’s profit and the supply chain’s total profit can also increase, compared with the wholesale price contract.

关键词： Supply chain management Supply contract Channel coordination Option contract

作者: Lili Wang Jihui Zhang Yushuang Liu Rongzhong Wang

作者单位: School of Science, Qingdao Technological University,260033, Qingdao, China Institute of Complexity Science, QingdaoUniversity, 266071 Qingdao, China Haier Technology Co., Ltd, DPG U-home Div, 266101, Qingdao, China

会议类型: 国际会议

会议名称: The 24th Chinese Control and Decision Conference (第24届中国控制与决策学术年会 2012 CCDC)

会议地点: 太原

会议语种:英文

页码: 3919-3923

在线出版日期: 2012-05-23（万方平台首次上网日期，不代表论文的发表时间）