Coordination of supply chains with a flexible ordering policy under yield and demand uncertainty
Coordination of supply chains with a flexible ordering policy under yield and demand uncertainty
复制标题
产量和需求不确定性下的供应链协调与灵活的订购政策
DOI:
10.1016/j.ijpe.2013.08.024
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发表时间:
2013-12-01
影响因子:
12
通讯作者:
Lu, Zudi
中科院分区:
文献类型:
--
作者:
Hu, Fei;Lim, Cheng-Chew;Lu, Zudi
This paper studies a flexible ordering policy among a manufacturer and a supplier with random yield and demand uncertainty, where the order quantity lies between the minimum and the maximum quantity. We first determine the optimal flexible ordering policy and the corresponding raw material production quantity that maximize expected profit of the centralized supply chain, and find that our flexible ordering policy can significantly enhance the supply chain's expected profit compared to an invariable ordering policy. Then we analyze the decentralized scenario and propose a revenue sharing policy with an order penalty and rebate (OPR) contract to fully coordinate the supply chain. Finally, numerical examples are given to illustrate the results. (C) 2013 Elsevier B.V. All rights reserved.