https://scholars.lib.ntu.edu.tw/handle/123456789/612302
標題: | Innovative menu of contracts for coordinating a supply chain with multiple mean-variance retailers | 作者: | Chiu C.-H. TSAN MING CHOI Hao G. Li X. |
關鍵字: | Coordination; Mean-variance; Menu of contracts; Risk management; Supply chain management | 公開日期: | 2015 | 出版社: | Elsevier B.V. | 卷: | 246 | 期: | 3 | 起(迄)頁: | 815-826 | 來源出版物: | European Journal of Operational Research | 摘要: | We consider the coordination challenge with a risk-neutral manufacturer which supplies to multiple heterogeneou retailers. We find that the manufacturer can maximize its expected profit only if the expected profit of the supply chain is maximized, or equivalently supply chain coordination (SCC) is achieved. The target sales rebate (TSR) contract is commonly used in practice to achieve SCC. However, as we found in this paper, the presence of heterogeneity in retailers' minimum expected profit requirements is the major cause that a single TSR contract and the related single hybrid contracts all fail to achieve SCC and maximize the manufacturer's expected profit simultaneously. Thus, we develop an innovative menu of TSR contracts with fixed order quantity (TSR-FOQ). Although there are multiple contracts in a menu, we find that the manufacturer only needs to decide one basic TSR contract and two newly developed parameters termed as the risk-level indicator and the separation indicator, in applying the sophisticated menu of TSR-FOQ. By adjusting the two indicators, the manufacturer can control the profit variance of the retailers and the separations of the component contracts of the menu. We further propose another sophisticated menu of TSR with minimum order quantity and quantity discount contracts which can give each retailer a higher degree of freedom in the selection of order quantity. Differences between the two menus are analytically examined. Some meaningful managerial insights are generated. ? 2015 Elsevier B.V. and Association of European Operational Research Societies (EURO) within the International Federation of Operational Research Societies (IFORS). All rights reserved. |
URI: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84932193860&doi=10.1016%2fj.ejor.2015.05.035&partnerID=40&md5=aeead969118427f50d7c03becf1fa546 https://scholars.lib.ntu.edu.tw/handle/123456789/612302 |
DOI: | 10.1016/j.ejor.2015.05.035 | SDG/關鍵字: | Degrees of freedom (mechanics); Manufacture; Profitability; Risk management; Supply chain management; Component contracts; Coordination; Degree of freedom; Mean variance; Minimum order quantities; Multiple contracts; Quantity-discount contract; Supply chain coordination; Sales |
顯示於: | 工商管理學系 |
在 IR 系統中的文件,除了特別指名其著作權條款之外,均受到著作權保護,並且保留所有的權利。