Optimal combined purchasing strategies for a risk-averse manufacturer under price uncertainty
<p><strong>Purpose:</strong> The purpose of our paper is to analyze optimal purchasing strategies when a manufacturer can buy raw materials from a long-term contract supplier and a spot market under spot price uncertainty.</p> <p><strong>Design/methodology/approac...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
OmniaScience
2015-09-01
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| Series: | Journal of Industrial Engineering and Management |
| Subjects: | |
| Online Access: | http://www.jiem.org/index.php/jiem/article/view/1289 |