A Capacity Reservation Contract Model for a Multiple Supplier Environment
- Authors
- Park,Sung Il; Kim, Jong Soo
- Issue Date
- May-2011
- Publisher
- 대한산업공학회
- Citation
- 대한산업공학회 춘계공동학술대회 논문집, v. , no. , pp.43 - 50
- Indexed
- OTHER
- Journal Title
- 대한산업공학회 춘계공동학술대회 논문집
- Start Page
- 43
- End Page
- 50
- URI
- https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/38068
- Abstract
- It is a common practice in many industries to use a replenishment contract with a mechanism of capacity reservation. In this paper, we focus on a multiperiod capacity reservation contract practiced between a buyer who buys a single type of product and sell it to end customers and two or more heterogeneous suppliers who produce and replenish the product as agreed upon by a contract. A mathematical model is developed for a single supplier situation from the buyer"s perspective. It is then extended to a multiple supplier model for a system. A rolling-horizon implementation strategy is suggested for the efficient application of the models.
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Collections - COLLEGE OF ENGINEERING SCIENCES > DEPARTMENT OF INDUSTRIAL & MANAGEMENT ENGINEERING > 1. Journal Articles
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