Study on Three-stage Supply Chain Profit-sharing Contracts under Stochastic Demand
Yongbo Lu
Abstract
Yongbo Lu
Abstract
Based on the demand uncertainty, the paper designs a profit sharing contract model to coordinate the three-stage supply chain system and a numerical example shows the effecrtiveness of the method.
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Based on the demand uncertainty, the paper designs a profit sharing contract model to coordinate the three-stage supply chain system and a numerical example shows the effecrtiveness of the method.
Key concepts: Supply chain, Profit sharing, Microeconomics, Business, Profit (economics), Industrial organization, Stage (stratigraphy), Operations management