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수량신축성 계약을 위한 모형과 해법A Model and an Algorithm for a Quantity Flexibility Contract

Other Titles
A Model and an Algorithm for a Quantity Flexibility Contract
Authors
박성일김종수홍기석
Issue Date
Nov-2013
Publisher
한국경영공학회
Keywords
Inventory control; Quantity flexibility contract; Rolling horizon; Multiple suppliers
Citation
한국경영공학회지, v.18, no.3, pp 1 - 19
Pages
19
Indexed
KCI
Journal Title
한국경영공학회지
Volume
18
Number
3
Start Page
1
End Page
19
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/29641
ISSN
2005-7776
2713-573X
Abstract
This paper focuses on a quantity flexibility contract through which two or more heterogeneous suppliers periodically deliver a single type of product to a buyer as promised in the contract. The buyer starts each period by informing each of the suppliers of the purchase amount for the period and the reservation quantity for all future periods within a planning horizon. The purchase amount for the current period is finalized according to the amount previously reserved, although this amount can be flexibly increased or decreased by a predetermined percentage of the reservation amount. In this paper, a linear programming model including several key features of a quantity flexibility contract is developed from the buyer’s perspective. A rolling horizon implementation strategy is suggested for the efficient implementation of the contract. Computational experiments demonstrate that the proposed method is capable of determining a cost effective solution for the buyer in a reasonable amount of time.
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COLLEGE OF ENGINEERING SCIENCES > DEPARTMENT OF INDUSTRIAL & MANAGEMENT ENGINEERING > 1. Journal Articles

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