SGER: Pricing and Managing Risks in Global Manufacturing Enterprise

SGER:全球制造企业的定价和风险管理

基本信息

项目摘要

The research objective of this award is to develop models for effective management of the manufacturer?s demand risks, and explicitly price the risks the supplier takes in joining a global manufacturing enterprise. Currently, such risks are implicitly included in the contracts between the manufacturer and the supplier. In this research, financial engineering concepts, such as fair pricing and real-options will be rigorously applied to effectively price the risks in the area of manufacturing. The research focus is on the applicability of these models to realistic situations faced by a global manufacturing enterprise. Thus, the models will include inventory and lead time processes and their effects on these risks. Deliverables include documentation of the models, documentation and verification of research results and involvement in engineering education.If successful, this research will advance our understanding of how an enterprise should be created to explicitly manage risks and will provide a scientific basis for the compensation paid to supplier. The research results will benefit manufacturers and suppliers involved in a global enterprise. This relationship between the two is increasing the pressure on both to manage risks adequately and reduce costs with shorter turn-around times. Explicit pricing of risks will provide benefits to the US manufacturing industry beyond benefits realized by incremental improvement of the management of operational risks using inventory control and capacity utilization. The concepts and results will be disseminated through various publications and will be included in the graduate courses in Industrial and Operations Engineering, Financial Engineering and Mechanical Engineering at the University of Michigan. Students will be exposed to multidisciplinary research and development as a result of this award.
该奖项的研究目标是开发制造商的有效管理模型?的需求风险,并明确定价的风险,供应商在加入一个全球性的制造企业。 目前,制造商和供应商之间的合同中隐含了这种风险。 在本研究中,金融工程的概念,如公平定价和实物期权将严格适用于有效定价的风险在制造领域。研究的重点是这些模型所面临的全球制造企业的现实情况的适用性。因此,这些模型将包括库存和交货期过程及其对这些风险的影响。 如果成功的话,这项研究将促进我们对如何创建一个企业来明确管理风险的理解,并将为支付给供应商的补偿提供科学依据。研究结果将有利于参与全球企业的制造商和供应商。两者之间的这种关系增加了双方充分管理风险和在缩短周转时间的情况下降低成本的压力。明确的风险定价将为美国制造业带来好处,而不仅仅是通过库存控制和产能利用率来逐步改善运营风险管理所带来的好处。这些概念和结果将通过各种出版物传播,并将纳入密歇根大学工业和运营工程,金融工程和机械工程的研究生课程。学生将接触到多学科的研究和开发作为这个奖项的结果。

项目成果

期刊论文数量(0)
专著数量(0)
科研奖励数量(0)
会议论文数量(0)
专利数量(0)

数据更新时间:{{ journalArticles.updateTime }}

{{ item.title }}
{{ item.translation_title }}
  • DOI:
    {{ item.doi }}
  • 发表时间:
    {{ item.publish_year }}
  • 期刊:
  • 影响因子:
    {{ item.factor }}
  • 作者:
    {{ item.authors }}
  • 通讯作者:
    {{ item.author }}

数据更新时间:{{ journalArticles.updateTime }}

{{ item.title }}
  • 作者:
    {{ item.author }}

数据更新时间:{{ monograph.updateTime }}

{{ item.title }}
  • 作者:
    {{ item.author }}

数据更新时间:{{ sciAawards.updateTime }}

{{ item.title }}
  • 作者:
    {{ item.author }}

数据更新时间:{{ conferencePapers.updateTime }}

{{ item.title }}
  • 作者:
    {{ item.author }}

数据更新时间:{{ patent.updateTime }}

Romesh Saigal其他文献

Determination of optimal vertices from feasible solutions in unimodular linear programming
  • DOI:
    10.1007/bf01581235
  • 发表时间:
    1993-03-01
  • 期刊:
  • 影响因子:
    2.500
  • 作者:
    Shinji Mizuno;Romesh Saigal;James B. Orlin
  • 通讯作者:
    James B. Orlin
Generic properties of the complementarity problem
  • DOI:
    10.1007/bf01584674
  • 发表时间:
    1973-12-01
  • 期刊:
  • 影响因子:
    2.500
  • 作者:
    Romesh Saigal;Carl Simon
  • 通讯作者:
    Carl Simon
The primal power affine scaling method
  • DOI:
    10.1007/bf02206824
  • 发表时间:
    1996-12-01
  • 期刊:
  • 影响因子:
    4.500
  • 作者:
    Romesh Saigal
  • 通讯作者:
    Romesh Saigal
Proper, reflecting and absorbing facts of complementary cones
  • DOI:
    10.1007/bf02591864
  • 发表时间:
    1985-01-01
  • 期刊:
  • 影响因子:
    2.500
  • 作者:
    Romesh Saigal;Richard E. Stone
  • 通讯作者:
    Richard E. Stone
Computing nonlinear network equilibria
  • DOI:
    10.1007/bf02591861
  • 发表时间:
    1985-01-01
  • 期刊:
  • 影响因子:
    2.500
  • 作者:
    Philip C. Jones;Romesh Saigal;Michael Schneider
  • 通讯作者:
    Michael Schneider

Romesh Saigal的其他文献

{{ item.title }}
{{ item.translation_title }}
  • DOI:
    {{ item.doi }}
  • 发表时间:
    {{ item.publish_year }}
  • 期刊:
  • 影响因子:
    {{ item.factor }}
  • 作者:
    {{ item.authors }}
  • 通讯作者:
    {{ item.author }}

{{ truncateString('Romesh Saigal', 18)}}的其他基金

Collaborative Research: An Allocation Model with Dynamic Updates for Balanced Workload Distribution on Patient Centered Medical Homes
协作研究:一种动态更新的分配模型,用于平衡以患者为中心的医疗之家的工作量分配
  • 批准号:
    1232819
  • 财政年份:
    2012
  • 资助金额:
    --
  • 项目类别:
    Standard Grant
Collaborative Research: Protocols for Wireless Networking and Multi-application Data Handling for Freeway Traffic Safety Applications
合作研究:高速公路交通安全应用的无线网络和多应用数据处理协议
  • 批准号:
    0800155
  • 财政年份:
    2008
  • 资助金额:
    --
  • 项目类别:
    Standard Grant
Studies on Affine Scaling Method
仿射标度法的研究
  • 批准号:
    9321550
  • 财政年份:
    1995
  • 资助金额:
    --
  • 项目类别:
    Continuing Grant
Large Scale Optimization Structures
大规模优化结构
  • 批准号:
    8312008
  • 财政年份:
    1984
  • 资助金额:
    --
  • 项目类别:
    Continuing Grant
A Study of Procedures For Finding Fixed Points and Solving Equations
求不动点及求解方程程序的研究
  • 批准号:
    8005154
  • 财政年份:
    1980
  • 资助金额:
    --
  • 项目类别:
    Standard Grant
Acceleration Procedures and Special Structures in Fixed Point Computing Methods
定点计算方法中的加速过程和特殊结构
  • 批准号:
    7703472
  • 财政年份:
    1977
  • 资助金额:
    --
  • 项目类别:
    Standard Grant

相似海外基金

Carbon Pricing Policy: Paths to Carbon Neutrality
碳定价政策:碳中和之路
  • 批准号:
    24K16360
  • 财政年份:
    2024
  • 资助金额:
    --
  • 项目类别:
    Grant-in-Aid for Early-Career Scientists
Limiting False Positives in Empirical Asset Pricing Tests
限制实证资产定价测试中的误报
  • 批准号:
    DP240100277
  • 财政年份:
    2024
  • 资助金额:
    --
  • 项目类别:
    Discovery Projects
Spatial impact of carbon pricing in Japan: A quantitative spatial equilibrium analysis
日本碳定价的空间影响:定量空间均衡分析
  • 批准号:
    24K04837
  • 财政年份:
    2024
  • 资助金额:
    --
  • 项目类别:
    Grant-in-Aid for Scientific Research (C)
HEALTH INNOVATION NEXT GENERATION PAYMENT&PRICING MODELS: HI- PRIX PROJECT
健康创新下一代支付
  • 批准号:
    10062152
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    EU-Funded
Health Innovation Next Generation Payment & Pricing Models (HI-PRIX)
健康创新下一代支付
  • 批准号:
    10058086
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    EU-Funded
Essays on International Finance and Empirical Asset Pricing
国际金融与实证资产定价论文
  • 批准号:
    2890988
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    Studentship
HEALTH INNOVATION NEXT GENERATION PAYMENT & PRICING MODELS
健康创新下一代支付
  • 批准号:
    10062415
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    EU-Funded
Comprehensive Studies on the Pricing Mechanism in the Prewar Japanese Stock Market
战前日本股市定价机制综合研究
  • 批准号:
    23H00838
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    Grant-in-Aid for Scientific Research (B)
Weather, climate & geological risks: derivative pricing & risk management
天气、气候
  • 批准号:
    DP230101458
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    Discovery Projects
Designing Markets for Data Exchange and Pricing Data
设计数据交换和定价数据的市场
  • 批准号:
    23K01314
  • 财政年份:
    2023
  • 资助金额:
    --
  • 项目类别:
    Grant-in-Aid for Scientific Research (C)
{{ showInfoDetail.title }}

作者:{{ showInfoDetail.author }}

知道了