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About Pay Back Contracts For Coordinating Supply Chain
This document summarizes research on coordinating supply chains that experience random yield losses at the supplier. It discusses how a pay-back contract, where the retailer pays a discounted price for excess units produced, can coordinate a simple supply chain with one supplier and retailer facing deterministic demand. It then considers coordination in two other supply chain models: one with competing retailers and one with stochastic demand. For competing retailers, the paper proposes combining a pay-back contract with revenue sharing to coordinate the supply chain. For stochastic demand, the paper proposes a modified pay-back-revenue sharing contract to coordinate the supplier and retailer.
Detailed Information
| Author: | ['happiest1'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 29 |
| Language: | English |
| Format: | |
| Price: | FREE |
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