To read this content please select one of the options below:

Construction and analysis of contract feasible set under quantity‐discount contract

Wujun Cao (College of Management Engineering, Zhengzhou University, Zhengzhou, People's Republic of China)
Peiying He (Deparment of Mechanical Science and Engineering, Zhengzhou Institute of Light Industry, Zhengzhou, People's Republic of China)
Jinfeng Wang (College of Management Engineering, Zhengzhou University, Zhengzhou, People's Republic of China)

Kybernetes

ISSN: 0368-492X

Article publication date: 17 October 2008

870

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

Related articles