Description: Relational Supply Contracts : Optimal Concessions in Return Policies for Continuous Quality, Paperback by Hohn, Michaela Isabel, ISBN 3642027903, ISBN-13 9783642027901, Like New Used, Free shipping in the US Supply relations are often governed by so-called relational contracts. These are informal agreements sustained by the value of future cooperation. Although relational contracts persist in practice, research on these types of contract is only emerging in Operations and Supply Chain Management. This book studies a two-firm supply chain, where repeated transactions via well-established supply contracts and continued quality-improvement efforts are governed by a relational contract. We are able to characterize an optimal relational contract, ., to develop policies for supplier and buyer that structure investments in quality and flexibility in a way that no other self-enforcing contract generates higher expected joint surplus. A second goal is to compare the performance of different returns mechanisms in the context of relational contracting (quantity flexibility and buy-back contracts). Industry studies motivate the presented model.
Price: 66.22 USD
Location: Jessup, Maryland
End Time: 2024-10-11T06:57:40.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Book Title: Relational Supply Contracts : Optimal Concessions in Return Polic
Number of Pages: Xvi, 124 Pages
Publication Name: Relational Supply Contracts : Optimal Concessions in Return Policies for Continuous Quality Improvements
Language: English
Publisher: Springer Berlin / Heidelberg
Subject: Operations Research, Econometrics, Production & Operations Management, Quality Control
Publication Year: 2009
Type: Textbook
Item Weight: 16.2 Oz
Subject Area: Business & Economics
Item Length: 9.3 in
Author: Michaela Isabel Höhn
Item Width: 6.1 in
Series: Lecture Notes in Economics and Mathematical Systems Ser.
Format: Trade Paperback
