Production and pricing policies in dual sourcing supply chains

被引：22
|
作者：
Serel, Dogan A. [1 ]
机构：
[1] Ipek Univ, Dept Management, TR-06550 Ankara, Turkey
来源：
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW | 2015年 / 76卷
关键词：
Newsboy; Emergency order; Drop shipping; Multiplicative error; Price-setting newsvendor; Fast-ship option; SETTING NEWSVENDOR; NEWSBOY PROBLEM; CONTRACTS; UNCERTAINTY; FRAMEWORK; INTERNET; MODEL; TIME;
D O I：
10.1016/j.tre.2015.01.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We analyze optimal production and pricing strategies in the single period (newsvendor) dual sourcing problem that entails local and offshore suppliers. The local supplier is used reactively as an emergency source following the realization of random demand. A multiplicative demand model is employed. We show that dual sourcing flexibility may decrease optimal price when emergency supply cost is sufficiently low. We also find that optimizing price for a given stocking factor yields a price which is always higher than the price in the case where both price and stocking factor are selected to be jointly optimal. (C) 2015 Elsevier Ltd. All rights reserved.
引用
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页码：1 / 12
页数：12
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