Construct · 1 fields · 1 citations

quantity flexibility contract: a standalone construct

One name. One construct. A landmark on the map.

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Supply chain management

a supply agreement in which the buyer commits to a forecast but may adjust the final order within agreed bounds, sharing demand risk with the supplier.

In supply chain management, quantity flexibility contract refers to a supply agreement in which the buyer commits to a forecast but may adjust the final order within agreed bounds, sharing demand risk with the supplier. This meaning comes from Tsay (1999) in Management Science.[1]

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Nearby constructs

agreement4 fields · 7 citationsjingle · one word, four constructs chain3 fields · 3 citationsjingle · one word, three constructs demand4 fields · 4 citationsjingle · one word, four constructs

References

Tsay, A. A. (1999). The Quantity Flexibility Contract and Supplier-Customer Incentives. Management Science, 45(10), 1339-1358. https://doi.org/10.1287/mnsc.45.10.1339

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