Supply chain operations in the presence of a spot market: a review with discussion
نویسندگان
چکیده
We survey the recent literature on the use of spot market operations to manage procurement in supply chains. We present results in two categories: work that deals with optimal procurement strategies and work related to the valuation of procurement contracts. As an example of the latter, we provide new results on valuation of a supply contract with abandonment option. Based on our review, we also discuss the scope for doing further work. Journal of the Operational Research Society advance online publication, 11 April 2007 doi:10.1057/palgrave.jors.2602401
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ورودعنوان ژورنال:
- JORS
دوره 58 شماره
صفحات -
تاریخ انتشار 2007