Supply disruption is a common phenomenon in industry, which brings destructive effects to downstream firms and damages the sustainability of the supply chain. To mitigate the supply disruption risk, the authors investigate two types of procurement st...
This paper investigates the impacts of hybrid ordering option contracts—combining fixed procurement and flexible option-based ordering—on the decision-making and profits of supply chain members in an agricultural product supply chain char...
Reliable emergency supply systems are particularly vulnerable when a supply interruption coincides with a surge in demand. This study examines a single-period procurement problem involving a lower-cost primary supplier that may be completely disrupte...
Housing market research has traditionally emphasized forecasting continuous price levels, often overlooking the discrete regime shifts that more directly capture cyclical risk and market turning points relevant to construction planning and investment...