SUPPLY CHAIN COORDINATION WITH CVaR CRITERION
2009 ◽
Vol 26
(01)
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pp. 135-160
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Keyword(s):
We study the coordination of supply chains with a risk-neutral supplier and a risk-averse retailer. Different from the downside risk setting, in a conditional value-at-risk (CVaR) framework, we show that the supply chain can be coordinated with the revenue-sharing, buy-back, two-part tariff and quantity flexibility contracts. Furthermore the revenue-sharing contracts are still equivalent to the buy-back contracts when the retail price is fixed. At the same time, it is shown that the risk-averse retailer of the coordinated supply chain can increase its profit by raising its risk-averse degree under mild conditions.
2019 ◽
Vol 36
(05)
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pp. 1950028
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Keyword(s):
2013 ◽
Vol 2013
◽
pp. 1-12
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2010 ◽
Vol 20-23
◽
pp. 88-93
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Keyword(s):