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We consider the design of multi-attribute procurement contracts when the supplier possesses multi-dimensional private information. Specifically, we consider a buyer who must design a contract to procure a single product whose value is a function of two attributes. The potential supplier׳s cost...
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An increasing number of manufacturers have started to pursue a strategy that promotes inventory sharing among the dealers in their distribution network. In this paper we analyze a decentralized dealer network in which each independent dealer is given the flexibility to share his inventory. We...
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An important observation in supply chain management, known as the bullwhip effect, suggests that demand variability increases as one moves up a supply chain. In this paper we quantify this effect for simple, two-stage supply chains consisting of a single retailer and a single manufacturer. Our...
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