中国科学院机构知识库网格
Chinese Academy of Sciences Institutional Repositories Grid
A supply chain with a service requirement for each market signal

文献类型:期刊论文

作者Sethi, Suresh P.; Yan, Houmin; Zhang, Hanqin; Zhou, Jing
刊名PRODUCTION AND OPERATIONS MANAGEMENT
出版日期2007-05-01
卷号16期号:3页码:322-342
关键词supply chain information update customer service level dynamic programming
ISSN号1059-1478
英文摘要We study a single-period two-stage service-constrained supply chain with an information update. The buyer has two procurement opportunities with the second one after observing a market signal, which updates the demand forecast. He also commits to a service level after observing the market signal. We derive his optimal ordering decisions and show that the critical market signal, the optimal first-stage order quantity, and the optimal expected profit are monotone with respect to the target service level. We also discuss the impact of the forecast quality on the optimal decisions. We show that the optimal first-stage order quantity may not be monotone with respect to information accuracy, as is in the case without the service constraint. In addition, we extend our analysis to the situation when an order cancellation is allowed upon the observation of the market signal. We also compare the results obtained for the problems with and without an order cancelation. Finally, we discuss the supply chain coordination issue and find that a buyback contract can also coordinate the supply chain in the presence of the service constraint.
WOS研究方向Engineering ; Operations Research & Management Science
语种英语
WOS记录号WOS:000247740000004
出版者WILEY-BLACKWELL
源URL[http://ir.amss.ac.cn/handle/2S8OKBNM/4664]  
专题应用数学研究所
通讯作者Sethi, Suresh P.
作者单位1.Univ Texas, Sch Management, Richardson, TX 75083 USA
2.Chinese Univ Hong Kong, Dept Syst Engn & Engn Management, Hong Kong, Hong Kong, Peoples R China
3.Acad Sinica, Inst Appl Math, Acad Math & Syst Sci, Beijing 100080, Peoples R China
4.Univ N Carolina, Belk Coll Business, Charlotte, NC 28223 USA
推荐引用方式
GB/T 7714
Sethi, Suresh P.,Yan, Houmin,Zhang, Hanqin,et al. A supply chain with a service requirement for each market signal[J]. PRODUCTION AND OPERATIONS MANAGEMENT,2007,16(3):322-342.
APA Sethi, Suresh P.,Yan, Houmin,Zhang, Hanqin,&Zhou, Jing.(2007).A supply chain with a service requirement for each market signal.PRODUCTION AND OPERATIONS MANAGEMENT,16(3),322-342.
MLA Sethi, Suresh P.,et al."A supply chain with a service requirement for each market signal".PRODUCTION AND OPERATIONS MANAGEMENT 16.3(2007):322-342.

入库方式: OAI收割

来源:数学与系统科学研究院

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