Inventory control in dual sourcing commodity procurement with price correlation
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DOI: 10.1007/s10100-017-0475-x
Abstract: In this paper, we focus on the role of inventory management as a means for operational hedging by dual sourcing of commodities using a multi-period option contract and spot market. We consider a manufacturing company… read more here.
Keywords: price correlation; dual sourcing; correlation; price ... See more keywords