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Multiple-period supply chain contract modeling with dynamic stochastic and price-elastic demand

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Date Issued:
2001
Summary:
In this study we developed a supply chain contract model for multiple scheduling period with dynamic demand patterns of stochastic nature, and with elastic price structures. The model presented here combined and enhanced several supply chain contract models developed previously. It is unique in that it considered multiple periods, dynamic, stochastic and price-elastic demand patterns, and flexible order quantities. Using a linear demand price-elastic relation and normal distribution pattern, optimal solutions for minimum cost, maximum profit, price structure, and order policies for the entire supply chain were derived. Sensitivity analyses performed in this study gave a better understanding of relative importance of various system variables.
Title: Multiple-period supply chain contract modeling with dynamic stochastic and price-elastic demand.
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Name(s): Gu, Qian-nong.
Florida Atlantic University, Degree grantor
Han, Chingping (Jim), Thesis advisor
College of Engineering and Computer Science
Department of Ocean and Mechanical Engineering
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Issuance: monographic
Date Issued: 2001
Publisher: Florida Atlantic University
Place of Publication: Boca Raton, Fla.
Physical Form: application/pdf
Extent: 160 p.
Language(s): English
Summary: In this study we developed a supply chain contract model for multiple scheduling period with dynamic demand patterns of stochastic nature, and with elastic price structures. The model presented here combined and enhanced several supply chain contract models developed previously. It is unique in that it considered multiple periods, dynamic, stochastic and price-elastic demand patterns, and flexible order quantities. Using a linear demand price-elastic relation and normal distribution pattern, optimal solutions for minimum cost, maximum profit, price structure, and order policies for the entire supply chain were derived. Sensitivity analyses performed in this study gave a better understanding of relative importance of various system variables.
Identifier: 9780493399409 (isbn), 11964 (digitool), FADT11964 (IID), fau:12586 (fedora)
Collection: FAU Electronic Theses and Dissertations Collection
Note(s): College of Engineering and Computer Science
Thesis (Ph.D.)--Florida Atlantic University, 2001.
Subject(s): Stochastic processes
Elasticity (Economics)
Business logistics
Held by: Florida Atlantic University Libraries
Persistent Link to This Record: http://purl.flvc.org/fcla/dt/11964
Sublocation: Digital Library
Use and Reproduction: Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Use and Reproduction: http://rightsstatements.org/vocab/InC/1.0/
Host Institution: FAU
Is Part of Series: Florida Atlantic University Digital Library Collections.