| Author | Yin Myat Kyaw |
| Note | A thesis submitted in partial fulfillment of the requirements for the
degree of Master of Engineering in
Industrial and Manufacturing Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | This research derives the optimal production quantity and studies profit sharing in one manufacturer-one retailer supply chain under bidirectional option contract. In bidirectional option contract, retailer has the right to use either put or call options. Therefore, put and call option quantities from the retailer may be different. At the production side, if the manufacturer produces an amount which to the total of, excess inventory may occur because the retailer may not exercise the full call option, initial order and call option quantity. Thus, this research will focus on determining optimal production quantity so as to avoid overproduction. From numerical experiment, it can be seen that the proposed contract model can help to achieve win-win situation when using wholesale price contract as a benchmark. |
| Year | 2017 |
| Department | Other Field of Studies (No Department) |
| Chairperson(s) | Huynh Trung Luong; |
| Examination Committee(s) | Pisut Koomsap;Abeykoon, A. M. Harsha S. ; |
| Scholarship Donor(s) | AIT Fellowship; |
| Degree | Thesis (M.Eng.) -- Asian Institute of Technology, 2017 |