Key words: supply chain management, capacity planning, spot market, long-term contract, contract theory / The long-term supply commitment is made deal through strategic interactions between the players of the supply chain. Game theoretical analysis is conducted to study the bargaining behaviors of the players. Optimal contract design can be obtained in various bargaining power scenarios: Contract Manufacturer Stackelberg, OEM Stackelberg, and Vertical Nash game. We also extend the analysis for single Contract Manufacturer and single contractual customer to multiple customers. The multi-units auction mechanism is also discussed briefly. / This thesis studies the problem of strategic capacity planning for make-to-stock manufacturing systems in the presence of a spot market and a long-term contractual channel in a continuous-time infinite horizon setting. The spot market is run by a B2B online exchange where the sales and prices are random over time while the long-term contractual channel is established by a structured contract in which the price and volume to be delivered are pre-negotiated. / Typically, we consider a supply chain which consists of an upstream manufacturer (e.g. Contract Manufacturer) and a downstream manufacturer (e.g. OEM). The two parties of the supply chain are linked by a long-term contract and both of the parties can trade in the spot market. To study the strategic behaviors of the contract manufacturer and the OEM, we first characterize the optimal operating strategies of the players under a specific contract and then analyze the influence of the contract terms on the optimal policies and the expected profit functions. We find that the optimal contracting strategy of the contract manufacturer can be characterized by a supply curve, which is a price-volume pair and strictly upward slopping, and the optimal contracting strategy of the OEM can be characterized by a demand curve, which is strictly downward slopping. / Pang, Zhan. / "August 2007." / Adviser: Youyi Feng. / Source: Dissertation Abstracts International, Volume: 69-02, Section: B, page: 1305. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2007. / Includes bibliographical references (p. 117-122). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstract in English and Chinese. / School code: 1307.
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_344064 |
| Date | January 2007 |
| Contributors | Pang, Zhan., Chinese University of Hong Kong Graduate School. Division of Systems Engineering and Engineering Management. |
| Source Sets | The Chinese University of Hong Kong |
| Language | English, Chinese |
| Detected Language | English |
| Type | Text, theses |
| Format | electronic resource, microform, microfiche, 1 online resource (x, 122 p. : ill.) |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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