DocumentCode
2150800
Title
Impact on Optimal Decision of Retailer Based on Buyback Contract with Options
Author
Zhou, Xin ; Sheng, Fangzheng
Author_Institution
Coll. of Transp. & Commun., Shanghai Maritime Univ., Shanghai, China
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
This paper studies buyback contract with options in the supply chain. We propose the buyback contract with options is a generalization of the average buyback contract, prove that the expectation profit function of retailer with buyback contract with options is joint concave function of the decision variables and get the analytical solution. And we compare the optimal strategies with different contracts.
Keywords
concave programming; retailing; average buyback contract; decision variables; expectation profit function; joint concave function; optimal decision; retailer; supply chain; Contracts; Costs; Educational institutions; Manufacturing; Marketing and sales; Probability distribution; Random variables; Risk management; Supply chains; Transportation;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Electronic_ISBN
978-1-4244-4639-1
Type
conf
DOI
10.1109/ICMSS.2009.5303932
Filename
5303932
Link To Document