Technical Note-Optimal Inventory Policy in the Presence of a Long-Term Supplier and a Spot Market
Technical Note-Optimal Inventory Policy in the Presence of a Long-Term Supplier and a Spot Market
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Publisher
Linthicum: INFORMS
Journal title
Language
English
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Publisher
Linthicum: INFORMS
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Scope and Contents
Contents
We consider a stochastic inventory control problem in which a buyer makes procurement decisions while facing periodic random demand and two supply sources, namely, a long-term contract supplier and a spot market. The contract between the buyer and the supplier partially shields the latter from the vicissitudes of the spot market, in that the price...
Alternative Titles
Full title
Technical Note-Optimal Inventory Policy in the Presence of a Long-Term Supplier and a Spot Market
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_proquest_journals_1324510624
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1324510624
Other Identifiers
ISSN
0030-364X
E-ISSN
1526-5463
DOI
10.1287/opre.1120.1114
