Exact(5)
Specifically, we classify all coordinating contracts as belonging to one of five mutually exclusive and collectively exhaustive families.
Furthermore, under coordinating contracts, the IDM's sourcing structure, either sole sourcing from the foundry or dual sourcing, is contingent on the firms' cost structures.
We define "coordinating" contracts as those that improve both the IDM's and foundry's expected profits over the benchmark wholesale price contract and also lead to the maximum system profit.
This paper is the first to study all possible coordinating contracts for the model with demand promotional effort(s).
Following our three-step approach, we succeed in identifying coordinating contracts for a supply chain involving two products and unobservable retailer efforts.
Similar(54)
Along this line, a coordinating contract based on an option mechanism is used as the supply contract.
To achieve the coordination, we propose an innovative coordinating contract mechanism, which contains the trading quantity, the transfer payments, and the profit allocation rules.
For the coordinating contract types, Pull-ORS and PEN, it furthermore turns out that coordination is always coupled with a buyer's order at demand level.
We find that the private information of risk aversion degree doesn't affect the supply chain performance under the coordinating contract.
We find that coordinating contract design is not significantly influenced by the number of the retailer׳s decisions or demand function formats, but by the decision structure.
Apart from providing a coordinating contract, we also provide qualitative insights based on a numerical illustration of centralized and decentralized solutions.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com