Procuring Fast Delivery: Sole Sourcing with Information Asymmetry
نویسندگان
چکیده
منابع مشابه
Procuring Fast Delivery: Sole Sourcing with Information Asymmetry
T paper studies a queuing model in which a buyer sources a good or service from a single supplier chosen from a pool of suppliers. The buyer seeks to minimize the sum of her procurement and operating costs, the latter of which depends on the supplier’s lead time. The selected supplier can regulate his lead time, but faster lead times are costly. Although the buyer selects the supplier to source...
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ژورنال
عنوان ژورنال: Management Science
سال: 2006
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.1060.0510