Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.

This paper analyzes the option coordination problem of a fresh agricultural product supply chain under two supply chain structures, when the production cost and the loss rate are disrupted simultaneously. This paper provides the explicit option coordination conditions for the disrupted supply chain...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Nana Wan, Li Li, Xiaozhi Wu, Jianchang Fan
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/0506876968864c0ea630e4f0384eaba2
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:0506876968864c0ea630e4f0384eaba2
record_format	dspace
spelling	oai:doaj.org-article:0506876968864c0ea630e4f0384eaba22021-12-02T20:10:51ZCoordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.1932-620310.1371/journal.pone.0252960https://doaj.org/article/0506876968864c0ea630e4f0384eaba22021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0252960https://doaj.org/toc/1932-6203This paper analyzes the option coordination problem of a fresh agricultural product supply chain under two supply chain structures, when the production cost and the loss rate are disrupted simultaneously. This paper provides the explicit option coordination conditions for the disrupted supply chain under two supply chain structures, and then explores the effects of the disruptions and supply chain structure on the option coordination conditions. The results suggest that it is unfavorable to apply the original coordinating contracts without disruptions to coordinate the disrupted supply chain. The coordination of the disrupted supply chain can be achieved with knowledge of the distribution of demand. In two coordinating contracts for the disrupted supply chain, the exercise price is still at the original level without disruptions while the option price deviates from the original level without disruptions. Moreover, the relationships of the coordination conditions in two supply chain structures depend on the value of the profit allocation coefficient. When the profit allocation coefficient exceeds (falls behind) a certain threshold, the option price is set at a higher (lower) value in the supplier-led supply chain structure than in the distributor-led supply chain structure, while the exercise price is set at a lower (higher) value in the supplier-led supply chain structure than in the distributor-led supply chain structure. Finally, the disrupted supply chain with any supply chain structure will perform better in the modified coordinating contracts than in the original coordinating contracts without disruptions.Nana WanLi LiXiaozhi WuJianchang FanPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 6, p e0252960 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Nana Wan Li Li Xiaozhi Wu Jianchang Fan Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
description	This paper analyzes the option coordination problem of a fresh agricultural product supply chain under two supply chain structures, when the production cost and the loss rate are disrupted simultaneously. This paper provides the explicit option coordination conditions for the disrupted supply chain under two supply chain structures, and then explores the effects of the disruptions and supply chain structure on the option coordination conditions. The results suggest that it is unfavorable to apply the original coordinating contracts without disruptions to coordinate the disrupted supply chain. The coordination of the disrupted supply chain can be achieved with knowledge of the distribution of demand. In two coordinating contracts for the disrupted supply chain, the exercise price is still at the original level without disruptions while the option price deviates from the original level without disruptions. Moreover, the relationships of the coordination conditions in two supply chain structures depend on the value of the profit allocation coefficient. When the profit allocation coefficient exceeds (falls behind) a certain threshold, the option price is set at a higher (lower) value in the supplier-led supply chain structure than in the distributor-led supply chain structure, while the exercise price is set at a lower (higher) value in the supplier-led supply chain structure than in the distributor-led supply chain structure. Finally, the disrupted supply chain with any supply chain structure will perform better in the modified coordinating contracts than in the original coordinating contracts without disruptions.
format	article
author	Nana Wan Li Li Xiaozhi Wu Jianchang Fan
author_facet	Nana Wan Li Li Xiaozhi Wu Jianchang Fan
author_sort	Nana Wan
title	Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
title_short	Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
title_full	Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
title_fullStr	Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
title_full_unstemmed	Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
title_sort	coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/0506876968864c0ea630e4f0384eaba2
work_keys_str_mv	AT nanawan coordinationofafreshagriculturalproductsupplychainwithoptioncontractundercostandlossdisruptions AT lili coordinationofafreshagriculturalproductsupplychainwithoptioncontractundercostandlossdisruptions AT xiaozhiwu coordinationofafreshagriculturalproductsupplychainwithoptioncontractundercostandlossdisruptions AT jianchangfan coordinationofafreshagriculturalproductsupplychainwithoptioncontractundercostandlossdisruptions
_version_	1718374924823822336

Coordination of a fresh agricultural product supply chain with option contract under cost and loss disruptions.

Ejemplares similares