We present a model for determining the value of information sharing (forecast accuracy) when planning production in a supply chain environment. We examine the interaction of forecast errors, shortage vs. holding costs, and the cost of delaying production in a two-stage supply chain of a single...

We examine a situation where a manufacturer operates in a two-mode production environment. The first mode could involve overseas vendors and manufacturing facilities. If additional units are later required, the company must use its second mode - more expensive last-minute domestic vendors and...