Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/16937
Title: Coordination of supply chains with bidirectional option contracts
Authors: Zhao, Y
Ma, L
Xie, G
Cheng, TCE 
Keywords: Supply chain management Bidirectional option contract Structural property Channel coordination
Issue Date: 2013
Publisher: Elsevier
Source: European journal of operational research, 2013, v. 229, no. 2, p. 375-381 How to cite?
Journal: European journal of operational research 
Abstract: In this paper we develop a supply contract for a two-echelon manufacturer-retailer supply chain with a bidirectional option, which may be exercised as either a call option or a put option. Under the bidirectional option contract, we derive closed-form expressions for the retailer's optimal order strategies, including the initial order strategy and the option purchasing strategy, with a general demand distribution. We also analytically examine the feedback effects of the bidirectional option on the retailer's initial order strategy. In addition, taking a chain-wide perspective, we explore how the bidirectional option contract should be set to attain supply chain coordination.
URI: http://hdl.handle.net/10397/16937
ISSN: 0377-2217
EISSN: 1872-6860
DOI: 10.1016/j.ejor.2013.03.020
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

SCOPUSTM   
Citations

31
Last Week
0
Last month
0
Citations as of Jul 28, 2017

WEB OF SCIENCETM
Citations

23
Last Week
0
Last month
0
Citations as of Aug 21, 2017

Page view(s)

55
Last Week
2
Last month
Checked on Aug 21, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.