Common Contracts
1 similar Stability Contracts contracts
AbstractStability Contracts • January 18th, 2013
This work explores the relationship between decision makers in a company and their suppliers, using stability contracts. This relationship can be modeled as a capac- itated multi-machine lot sizing problem with minimum order quantity and dynamic time windows, where orders are represented by production levels. Both the amount and the frequency of orders are constrained, the first by upper and lower bounding and the second by dynamic time windows. A mathematical model is provided and an experimental analysis is conducted. Conclusions are given leading to insight for decision makers and contract designers.
