A composite contract based on buy back and quantity flexibility contracts
A composite contract based on buy back and quantity flexibility contracts
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DOI：
10.1016/j.ejor.2010.10.010
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发表时间：
2011-05
期刊：
影响因子：
--
通讯作者：
Huachun Xiong;Bintong Chen;Jinxing Xie
中科院分区：
文献类型：
--
作者：
Huachun Xiong;Bintong Chen;Jinxing Xie
通过将两个组成部分的契约：回购契约和数量弹性契约有机地结合起来，提出了一种两阶段供应链的复合契约。CP合同的优势，在供应链协调，利润分配和风险分配方面的两个组件合同。特别地，我们得到了以下结果：（a）只要其中一个组件合同能够协调供应链，那么CP合同也能够协调供应链。此外，当合同参数的约束，我们发现的情况下，CP合同协调供应链时，没有组件合同协调。(b)当契约参数受到约束时，CP契约在供应链成员间的利润分配上比组件契约更灵活。(c)CP合同在风险分配方面比组成合同更灵活。
We introduce a composite (CP) contract for a two-stage supply chain by organically combining two component contracts: a buy back (BB) contract and a quantity flexibility (QF) contract. The CP contract is shown to have advantages over both component contracts in terms of supply chain coordination, profit allocation, and risk allocation. In particular, we obtain the following results: (a) as long as one of the component contracts is able to coordinate the supply chain, so is the CP contract. Moreover, when contract parameters are constrained, we find situations where the CP contract coordinates the supply chain when neither of the component contracts coordinates. (b) When contract parameters are constrained, the CP contract is more flexible in terms of profit allocation among supply chain members than the component contracts. (c) The CP contract is more flexible in terms of risk allocation than the component contracts.