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Coordination under random yield and random demand

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dc.contributor Graduate Program in Industrial Engineering.
dc.contributor.advisor Bilgiç, Taner,
dc.contributor.author Güler, Mehmet Güray.
dc.date.accessioned 2023-03-16T10:31:05Z
dc.date.available 2023-03-16T10:31:05Z
dc.date.issued 2005.
dc.identifier.other IE 2005 G85
dc.identifier.uri http://digitalarchive.boun.edu.tr/handle/123456789/13503
dc.description.abstract The aim of this study is to fill a gap in coordination literature by providinganswers to two distinct research questions on two different systems: A newsvendorsystem and an assembly system. First part of the study analyzes a newsvendor problem with random yield andrandom demand. Recalling the centralized solution, the system is decentralized andfive different contracts are studied. It is shown that some of the contracts coordinatethe chain while the others can coordinate with additional assumptions. In addition to the expected chain profit, variance of expected chain profit is written in closed formand the relation between the parameters and the expected profit and variance of theexpected profit and the optimal order quantity is illustrated with numerical examples.Second part of the study deals with an assembly system. As well as the demand, the yield of the suppliers are random. Concavity of expected chain profit of both two-supplier and N-supplier assembly system is shown. Instead of solving the optimal orderquantities explicitly, the expected profit of the manufacturer and the chain is written issuch a way that the manufacturer̕s function becomes a portion of that of the chain̕s.Four different contracts are proposed which are shown to coordinate the chain under forced compliance. The contracts are mixed type of contracts which includes paymentsfrom different contract schemes. Several different scenarios are created and numericalexamples for centralized solution and contract schemes are provided.
dc.format.extent 30cm.
dc.publisher Thesis (M.S.)-Bogazici University. Institute of Biomedical Engineering, 2005.
dc.relation Includes appendices.
dc.relation Includes appendices.
dc.subject.lcsh Assembly-line methods.
dc.title Coordination under random yield and random demand
dc.format.pages xiii, 110 leaves;


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