Batch replenishment planning under capacity reservation contract
نویسندگان
چکیده
منابع مشابه
Capacity reservation under supply uncertainty
Shortages of input materials and components used in the production process often adversely influence sales of manufacturing firms. Manufacturers can guarantee delivery of the inputs by initiating capacity reservation arrangements with their suppliers. We study a multi-period capacity reservation contract between a manufacturer and a long-term supplier when there is uncertainty about the quantit...
متن کاملOptimal Capacity Expansion Policy with a Deductible Reservation Contract
This paper investigates an optimal capacity expansion policy for innovative product in a context of one supplier and one retailer. With a fully deductible contract, we employ the Stackelberg game model to examine the negotiation process of capacity expansion in a single period. We first derive the retailer’s optimal reservation strategy and then characterize the optimal capacity expansion polic...
متن کاملModeling of Capacity Reservation and Supplier Selection Based on Option Contract
Capacity Reservation, Option Contract, Supplier Selection A key issue for manufacturing firms is planning for outsourced components. In this research, we have considered a manufacturer in a Make-to-Order production environment who has to outsource a special component from a set of suppliers. One selling season is considered and the manufacturer faces uncertain demand during the selling ...
متن کاملCapacity reservation under spot market price uncertainty
Capacity reservation contracts and spot markets are two alternative purchasing practices. We focus on the cost-effective management of the combined use of these two procurement sources. Due to the variability of the spot market prices and demand uncertainty, the flexibility of combined sourcing can be advantageous. Spot market purchasing is a benefit in case of low spot market prices or insuffi...
متن کاملIntegrating Dynamic Pricing and Replenishment Decisions Under Supply Capacity Uncertainty
This paper examines an integrated decision-making process regarding pricing for uncertain demand and sourcing from uncertain supply, which are often studied separately in the literature. Our analysis of the integrated system suggests that the base stock list price policy fails to achieve optimality even under deterministic demand. Instead, the optimal policy is characterized by two critical val...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: 4OR
سال: 2019
ISSN: 1619-4500,1614-2411
DOI: 10.1007/s10288-019-00403-3