Title :
An evaluation of an option contract in semiconductor supply chains
Author :
Knoblich, K. ; Heavey, Cathal ; Williams, Prince
Author_Institution :
Infineon Technol. AG, Neubiberg, Germany
Abstract :
The purpose of this paper is to evaluate an option contract within a semiconductor supply chain consisting of one semiconductor manufacturer and one customer. In an option contract the customer pays an upfront fee (option price) for an option to purchase product. A simulation model is used to compare the performance of an option contract against a standard supply contract used in a semiconductor supply chain in terms of delivery performance and costs for the supply chain partners.
Keywords :
contracts; modelling; pricing; purchasing; semiconductor device manufacture; simulation; supply chain management; delivery costs; delivery performance; option contract; option price; purchase product; semiconductor manufacturer; semiconductor supply chains; simulation model; standard supply contract; supply chain partners; upfront fee; Contracts; Predictive models; Semiconductor device measurement; Semiconductor device modeling; Standards; Supply chains;
Conference_Titel :
Simulation Conference (WSC), Proceedings of the 2012 Winter
Conference_Location :
Berlin
Print_ISBN :
978-1-4673-4779-2
Electronic_ISBN :
0891-7736
DOI :
10.1109/WSC.2012.6465315
