A two-period supply contract model for a decentralized assembly system |
| |
Authors: | Xuxia Zou Shaligram PokharelRajesh Piplani |
| |
Institution: | Centre for Supply Chain Management, School of Mechanical and Aerospace Engineering, Nanyang Technological University, 50 Nanyang Avenue, Singapore 639 798, Republic of Singapore |
| |
Abstract: | Supply contract helps in coordinating the supply of quantities from different suppliers in order to meet the demand for a product. In this paper, supply contract models are developed by considering an assembly system operated under a centralized and a decentralized control modes. The centralized control mode considers a single decision maker and offers a global optimal solution. However, the decentralized control mode considers each player in the contract as a decision maker and offers local optimal solutions based on the production and cost characteristics of each player. Such local optimal solutions are adjusted through coordinating parameters to obtain global optimal solutions. If a contract developed for a decentralized control mode achieves the global optimal solution, then the supply chain (or channel) is said to be coordinated. |
| |
Keywords: | Supply contract Channel coordination Decentralized assembly system Stochastic programming |
本文献已被 ScienceDirect 等数据库收录! |