Unsold versus unbought commitment : minimum total commitment contracts with nonzero setup costs
We study a minimum total commitment (MTC) contract embedded in a finite-horizon periodic-review inventory system. Under this contract, the buyer commits to purchase a minimum quantity of a single product from the supplier over the entire planning horizon. We consider nonstationary demand and per-uni...
Main Authors: | Yuan, Quan, Chua, Geoffrey A., Liu, Xing, Chen, Youhua Frank |
---|---|
Other Authors: | Nanyang Business School |
Format: | Journal Article |
Language: | English |
Published: |
2015
|
Subjects: | |
Online Access: | https://hdl.handle.net/10356/107487 http://hdl.handle.net/10220/25514 |
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