Supply chain contract with put and call option : the case of non-linear option premium price | |
| Author | Chirakiat Saithong |
| Call Number | AIT Thesis no.ISE-12-15 |
| Subject(s) | Option (Contract) Options (Finance) |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. ISE-12-15 |
| Abstract | This research studies a supply chain contract between a distributor and a supplier in which the selling period is relatively short in comparison with long production lead time. At the first stage, supplier who is a Stackelberg leader offers distributor a contract with a set of parameters and subjected to those parameters, distributor places initial order as well as option. In order to purchase option, distributor pays non-linear option premium price with respect to the number of purchased options. At the second stage, based on realized demand, distributor has the right to exercise option as either put or call which is limited up to number of purchased options. Wholesale price contract is used as benchmarking contract. This research has confirmed that supply chain contract with non-linear option premium price can help to coordinate the supply chain and it arbitrarily allocates incremental profit. |
| Year | 2012 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ISE-12-15 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial Systems Engineering (ISE) |
| Chairperson(s) | Huynh Trung Luong |
| Examination Committee(s) | Voratas Kachitvichyanukul;Pisut Koomsap |
| Scholarship Donor(s) | Royal Thai Government |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2012 |