Construction and analysis of contract feasible set under quantity‐discount contract
Abstract
Purpose
The purpose of this paper is to look at how, in order to fit the practical environment, the scopes of the order‐quantity of a quantity discount contract are enlarged.
Design/methodology/approach
The contract feasible set (CFS) is discussed to extend the order quantity from a single point to an interval.
Findings
The application of the CFS can enlarge the scope of the contracts of the supply chain. The CFS can be used in the practice.
Research limitations/implications
The CFS of the quantity‐discount contract only is discussed. The other contracts do not be involved.
Practical implications
A very useful advice for construction the parameters of the contracts.
Originality/value
The concept of the CFS is defined. The new approach that extend the parameters of the contracts from a single point to an interval is provided.
Keywords
Citation
Cao, W., He, P. and Wang, J. (2008), "Construction and analysis of contract feasible set under quantity‐discount contract", Kybernetes, Vol. 37 No. 9/10, pp. 1227-1233. https://doi.org/10.1108/03684920810907490
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited