On Coordination Under Random Yield and Random Demand

Güler M. G., Bilgiç T.

EURO XXV, Vilnius, Lithuania, 8 - 11 July 2012, pp.132

  • Publication Type: Conference Paper / Summary Text
  • City: Vilnius
  • Country: Lithuania
  • Page Numbers: pp.132
  • Yıldız Technical University Affiliated: No

Abstract

The aim of this study is to analyze coordination in a supply chain with random yield and random demand. We study five well known contracts from the literature and show that all but the wholesale price contract are able to coordinate the chain under voluntary compliance. We also provide a sensitivity analysis on the optimal policy parameters.