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최적 구매량 결정을 위한 QF 계약 모형A Quantity Flexibility Contract Model forOptimal Purchase Decision

Other Titles
A Quantity Flexibility Contract Model forOptimal Purchase Decision
Authors
김종수김태영강우석
Issue Date
Jun-2006
Publisher
한국경영과학회
Keywords
Supply Chain Management; Supply Contracts; Quantity Flexibility
Citation
한국경영과학회지, v.31, no.2, pp 129 - 140
Pages
12
Indexed
KCI
Journal Title
한국경영과학회지
Volume
31
Number
2
Start Page
129
End Page
140
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/45206
ISSN
1225-1119
Abstract
Quantity Flexibility contract coordinates individually motivated supplier and buyer to the systemwide optimal outcome by effectively allocating the costs of market demand uncertainty. The main feature of the contract is to couple the buyer's commitment to purchase no less than a certain percentage below the forecast with the supplier's guarantee to deliver up to a certain percentage above. In this paper we refine the previous models by adding some realistic features including the upper and lower limits of the purchase. We also incorporate purchase and canceling costs in a cost function to reflect the real world contracting process more accurately. To obtain the solution of the model, we derive a condition for extreme points using the Leibniz’s rule and construct an algorithm for finding the optimal solution of the model. Several examples illustrating the algorithm show that the approach is valid and efficient.
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COLLEGE OF ENGINEERING SCIENCES > DEPARTMENT OF INDUSTRIAL & MANAGEMENT ENGINEERING > 1. Journal Articles

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