Bilateral Coordination Strategy of Supply Chain with Bidirectional Option Contracts under Inflation

As far as the price increase and the demand contraction caused by inflation are concerned, we establish a Stackelberg game model that incorporates bidirectional option contracts and the effect of inflation and derive the optimal ordering and production policies on a one-period two-stage supply chain...

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Bibliographic Details
Main Authors: Nana Wan, Xu Chen
Format: Article
Language:English
Published: Hindawi Limited 2015-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2015/369132

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