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2011•Journal of Systems Science and Systems EngineeringRequires access

Optimal policy with a total order quantity commitment contract in the presence of a spot market

Wei Zhang, Youhua (Frank) Chen, Zhongsheng Hua, Weili Xue

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Key concepts: Spot market, Spot contract, Order (exchange), Procurement, Economic order quantity, Flexibility (engineering), Microeconomics, Business

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