Procurement Strategy with Backup Sourcing under Stochastic Supply Risk
المؤلفون المشاركون
المصدر
العدد
المجلد 2019، العدد 2019 (31 ديسمبر/كانون الأول 2019)، ص ص. 1-15، 15ص.
الناشر
Hindawi Publishing Corporation
تاريخ النشر
2019-03-19
دولة النشر
مصر
عدد الصفحات
15
التخصصات الرئيسية
الملخص EN
Supply risk can have a negative impact on a manufacturer’s performance.
Backup sourcing is one of the most commonly used strategies to mitigate the adverse consequences of supply risks.
In this paper, we study a procurement strategy with backup sourcing when a manufacturer faces stochastic supply risk and demand.
The optimal decisions of the players involved are investigated theoretically using the game theoretic framework, and the impacts of the key parameters, such as wholesale prices and the risk probability, are assessed numerically under supply information symmetry and asymmetry.
The results illustrate that the reservation price provided by the backup supplier varies greatly under different information-sharing conditions.
Reservation quantity is negatively correlated with the reservation price, which is affected by the risk probability, wholesale prices, and marginal cost of the backup supplier.
We also show that given the same wholesale prices, the potential supply risk has a substantial impact on the manufacturer’s expected profit, and the performance of the manufacturer under asymmetrical supply information is not always better than that under symmetrical information.
In addition, we also discuss the impact of wholesale prices on reservation price and participants’ profits based on numerical examples.
The research enriches the understanding of a procurement strategy under stochastic supply risk, and the conclusions have certain management significance.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Zhang, Yixin& Wang, Xifu. 2019. Procurement Strategy with Backup Sourcing under Stochastic Supply Risk. Complexity،Vol. 2019, no. 2019, pp.1-15.
https://search.emarefa.net/detail/BIM-1131449
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Zhang, Yixin& Wang, Xifu. Procurement Strategy with Backup Sourcing under Stochastic Supply Risk. Complexity No. 2019 (2019), pp.1-15.
https://search.emarefa.net/detail/BIM-1131449
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Zhang, Yixin& Wang, Xifu. Procurement Strategy with Backup Sourcing under Stochastic Supply Risk. Complexity. 2019. Vol. 2019, no. 2019, pp.1-15.
https://search.emarefa.net/detail/BIM-1131449
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references
رقم السجل
BIM-1131449
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر