search query: @author Kouvelis, P. / total: 16
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Author: | Li, C. Kouvelis, P. |
Title: | Flexible and risk-sharing supply contracts under price uncertainty |
Journal: | Management Science
1999 : OCT, VOL. 45:10, p. 1378-1398 |
Index terms: | MANAGEMENT FLEXIBILITY PRICES RISK |
Language: | eng |
Abstract: | The authors study supply contracts for deterministic demand but in an environment of uncertain prices. They develop valuation methodologies for different types of supply contracts. A "time-inflexible contract" requires the firm to specify not only how many units it will purchase, but also the timing of the purchase. A "time-flexible contract" allows the firm to specify the purchase amount over a given period of time without specifying the exact time of purchase. |
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