A model with options and order cancellation for in-season replenishment

dc.contributor	Graduate Program in Industrial Engineering.
dc.contributor.advisor	Bilgiç, Taner,
dc.contributor.author	Kızılkan, Nihan.
dc.date.accessioned	2023-03-16T10:27:52Z
dc.date.available	2023-03-16T10:27:52Z
dc.date.issued	2007.
dc.description.abstract	We investigate a model with options and order cancellation in a buyer-supplier system for in-season replenishment. We analyse the model in two periods with correlated demand. We derive the appropriate prices that the supplier must choose for channel coordination, however individual rationality constraint of the supplier is violated. Finally, using a computational study, we quantify the value of options and order cancellation combination. We demonstrate that options and order cancellation combination provides flexibility to the buyer to respond to market changes thus increasing the total expected profit even more than the options-only model.
dc.format.extent	30cm.
dc.format.pages	xiii, 71 leaves;
dc.identifier.other	IE 2007 K58
dc.identifier.uri	https://digitalarchive.library.bogazici.edu.tr/handle/123456789/13183
dc.publisher	Thesis (M.S.)-Bogazici University. Institute for Graduate Studies in Science and Engineering, 2007.
dc.relation	Includes appendices.
dc.relation	Includes appendices.
dc.subject.lcsh	Business logistics.
dc.title	A model with options and order cancellation for in-season replenishment

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