A portfolio approach to procurement contracts

A portfolio approach to procurement contracts

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Article ID: iaor2005201
Country: United States
Volume: 6
Issue: 1
Start Page Number: 109
End Page Number: 112
Publication Date: Dec 2004
Journal: Manufacturing & Service Operations Management
Authors:
Keywords: procurement
Abstract:

This is an extended abstract of a paper that was a finalist in the Manufacturing and Service Operations Management Society's 2003 Student Paper Competition. The objective of this work is to develop a framework that provides manufacturers with the ability to select simultaneous multiple contracts, in order to optimize their expected profit.

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