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(R, S) 정책하에서의 장기보충계약

Title
(R, S) 정책하에서의 장기보충계약
Other Titles
A Long-term Replenishment Contract under (R, S) Policy
Author
김종수
Keywords
long-term contract; capacity reservation; (R,S) policy; spot market
Issue Date
2004-09
Publisher
대한산업공학회
Citation
대한산업공학회지, v. 30, No. 3, Page. 241-249
Abstract
By committing to a long-term replenishment contract, suppliers can mitigate the pressure to find new customers and afford to charge a discounted price to buyers seeking to lower their purchasing costs. In this paper, we develop an analytical model from buyer's perspective for the contracting process to investigate the buyer-supplier interactions. Based on the developed model, we propose an algorithm to derive optimal strategy for the contract. We consider a system with a single buyer and a supplier in a situation where the buyer’s inventory is controlled by (R,S) policy under VMI setting. According to the contract, the supplier should replenish the buyer’s inventory up to a fixed level every R times during a specified period. The buyer purchases any deficient amount from a spot market at a higher price. We show by computational experiment that our proposed algorithm finds the global optimum solution.
URI
https://information.hanyang.ac.kr/#/eds/detail?an=edspia.1965624&dbId=edspiahttps://repository.hanyang.ac.kr/handle/20.500.11754/151871
ISSN
1225-0988; 2234-6457
Appears in Collections:
COLLEGE OF ENGINEERING SCIENCES[E](공학대학) > INDUSTRIAL AND MANAGEMENT ENGINEERING(산업경영공학과) > Articles
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