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Tekijä: | Serel, D.A. Dada, M. Moskowitz, H. |
Otsikko: | Sourcing decisions with capacity reservation contracts |
Lehti: | European Journal of Operational Research
2001 : JUN, VOL. 131:3, p. 635-648 |
Asiasana: | CAPACITY INVENTORIES SUPPLY CHAIN MANAGEMENT |
Vapaa asiasana: | LONG-TERM CONTRACTS |
Kieli: | eng |
Tiivistelmä: | By committing to long-term supply contracts, buyers seek to lower their purchasing costs, and have products delivered without interruption. When a long-term contract is available, suppliers are less pressured to find new customers, and can afford to price lower than the prevailing spot market price. The authors examine sourcing decisions of a firm in the presence of a capacity reservation contract that this firm makes with its long-term supplier in addition to the spot market alternative. |
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