A model of incentive contracts for just-in-time delivery

European Journal of Operational Research

Volumn 96, Issue 1, 1997, Pages 139-147

  Grout, John R ^a  

^a SOUTHERN METHODIST UNIVERSITY   (United States)

Author keywords

Game theory; Inventory; Just in time; On time delivery; Purchasing

Indexed keywords

CONTRACTS; GAME THEORY; JUST IN TIME PRODUCTION; MATHEMATICAL MODELS; PROBABILITY; PURCHASING;

COST MINIMIZING RESPONSE; IMPUTED SHORTAGE COST; ON TIME DELIVERY;

INVENTORY CONTROL;

EID: 0030836901     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0377-2217(96)00030-6     Document Type: Article

References (25)

1. Ansari, A., and Modarress, B., Just-In-Time Purchasing, Free Press, New York, 1990.
2. Asanuma, B., "Transactional structure of parts supply in the Japanese automobile and electric machinery industries: A comparative analysis", Technical Report No. 3, Kyoto University, Socio-Economic Systems Research Project, Kyoto, 1986.
3. Axelrod, R., The Evolution of Cooperation, Basic Books, New York, 1984.
4. Banerjee, A., "A joint economic-lot-size model for purchaser and vendor", Decision Sciences 17 (1986) 292-311.
5. Celley, A.F., Clegg, W.H., Smith, A.W., and Vonderembse, M.A., "Implementation of JIT in the United States", Journal of Purchasing and Materials Management (Winter 1987) 9-15.
6. Chapman, S.N., "Just-in-time supplier inventory: An empirical implementation model", International Journal of Production Research 27/12 (1989) 1993-2007.
7. Crawford, K., Blackstone, J., and Cox, J., "A study of JIT implementation and operating problems", International Journal of Production Research 26/9 (1988) 1561-1568.
8. Crocker, K., and Masten, S., "Mitigating contractual hazards: Unilateral options and contract length", Rand Journal of Economics 19/3 (1988) 327-343.
9. Freeland, J.R., "A survey of just-in-time purchasing practices in the United States", Production and Inventory Management Journal (Second Quarter 1991) 43-49.
10. Giunipero, L.C., and O'Neal, C., "Obstacles to JIT procurement", Industrial Marketing Management 17 (1988) 35-41.
11. Grout, J.R., and Christy, D.P., "An inventory model of incentives for on-time delivery in just-in-time purchasing contracts", Naval Research Logistics 40 (1993) 863-877.
12. Grout, J.R., "Just-in-time purchasing: A game theoretic prescription", Unpublished Ph.D. dissertation, The Pennsylvania State University, University Park, PA, 1990.
13. Hahn, C.K., Pinto P.A., and Bragg, D.J., "'Just-in-time' production and purchasing", Journal of Purchasing and Materials Management (Fall 1983) 2-10.
14. Hart, O.D., and Holmström, B., "Theory of contracts", in: T. Bemley (Ed.), Advances in Economic Theory, Fifth World Congress, Cambridge University Press, Cambridge, 1987.
15. Hill, A.V., and Vollman, T.E., "Reducing vendor delivery uncertainties in a JIT environment", Journal of Operations Management 6/4(1986) 381-392.
16. Johnston, R., and Lawrence, P., "Beyond vertical integration - The rise of the value-adding partnership", Harvard Business Review (July-August 1988) 94-101.
17. Kanet, J.J., and Christy, D.P., "Manufacturing systems with forbidden early order departure", International Journal of Production Research 22/1 (1984) 41-50.
18. Kohli, R., and Park, H., "A cooperative game theory model of quantity discounts", Management Science 35/6 (1989) 693-707.
19. MacMillan, J., "Managing suppliers: Incentive systems in Japanese and U.S. industry", California Management Review (Summer 1990) 38-55.
20. Manoochehri, G.H., "Suppliers and the just-in-time concept", Journal of Purchasing and Materials Management (Winter 1984) 16-21.
21. Schonberger, R.J., and Gilbert J.P., "Just-in-time purchasing: a challenge for U.S. industry", California Management Review 26/1 (1983) 54-68.
22. Spekman, R.E., "Perceptions of strategic vulnerability among industrial buyers and its effect on information search and supplier evaluation", Journal of Business Research 17 (1988) 313-326.
23. Tersine, R.J., Principles of Inventory and Materials Management, North Holland, New York, 1988.
24. Williamson, O.E., "Credible commitments: Using hostages to support exchange", American Economic Review 73/4 (1983) 519-540.
25. Yano, C.A., "Setting planned leadtimes in serial production systems with tardiness costs", Management Science 33/1 (1987) 95-106.