Supply chain operations in the presence of a spot market: a review with discussion |
| |
| Authors: | Ç Haksöz S Seshadri |
| |
| Institution: | 1.City University of London,London,UK;2.New York University,New York,USA |
| |
| Abstract: | We survey the recent literature on the use of spot market operations to manage procurement in supply chains. We present results in two categories: work that deals with optimal procurement strategies and work related to the valuation of procurement contracts. As an example of the latter, we provide new results on valuation of a supply contract with abandonment option. Based on our review, we also discuss the scope for doing further work. |
| |
| Keywords: | |
| 本文献已被 SpringerLink 等数据库收录！ |
|
