Contract Analysis and Design for Supply Chains with Stochastic Demand

This book is devoted to analysis and design of supply chain contracts with stochastic demand.  Given the extensive utilization of contracts in supply chains, the issues concerning contract analysis and design are extremely important for supply chain

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Yingxue Zhao Xiaoge Meng Shouyang Wang T.C. Edwin Cheng

Contract Analysis and Design for Supply Chains with Stochastic Demand

International Series in Operations Research & Management Science Volume 234

Series Editor Camille C. Price Stephen F. Austin State University, TX, USA Associate Series Editor Joe Zhu Worcester Polytechnic Institute, MA, USA Founding Series Editor Frederick S. Hillier Stanford University, CA, USA

More information about this series at http://www.springer.com/series/6161

Yingxue Zhao • Xiaoge Meng • Shouyang Wang T.C. Edwin Cheng

Contract Analysis and Design for Supply Chains with Stochastic Demand

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Yingxue Zhao School of International Trade and Economics University of International Business and Economics Beijing, China

Xiaoge Meng School of Economics and Management Beijing University of Aeronautics and Astronautics Beijing, China

Shouyang Wang Chinese Academy of Sciences Academy of Mathematics and Systems Science Beijing, China

T.C. Edwin Cheng Department of Logistics and Maritime Studies The Hong Kong Polytechnic University Hung Hom, Kowloon, Hong Kong SAR

ISSN 0884-8289 ISSN 2214-7934 (electronic) International Series in Operations Research & Management Science ISBN 978-1-4899-7632-1 ISBN 978-1-4899-7633-8 (eBook) DOI 10.1007/978-1-4899-7633-8 Library of Congress Control Number: 2015947928 Springer New York Heidelberg Dordrecht London © Springer Science+Business Media New York 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer Science+Business Media LLC New York is part of Springer Science+Business Media (www. springer.com)

Abstract

This book is devoted to the analysis and design of supply chain contracts with stochastic demand. The book contains eight chapters, and each chapter is summarized as follows: Chap. 1 provides a comprehensive review of the classical development of supply chain contracts. Chapter 2 examines the effects of demand uncertainty on the applicability of buyback contracts.