作者：Chen, Lijian; Li, Shanling; Wang, Letian
作者单位：West Virginia University; McGill University; Deutsche Bank
摘要：The authors of this article outline a capacity planning problem in which a risk-averse firm reserves capacities with potential suppliers that are located in multiple low-cost countries. While demand is uncertain, the firm also faces multi-country foreign currency exposures. This study develops a mean-variance model that maximizes the firm's optimal utility and derives optimal utility and optimal decisions in capacity and financial hedging size. The authors show that when demand and exchange ra...
作者：Bansal, Saurabh; Transchel, Sandra
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Kuhne Logistics University
摘要：The manufacturing complexity of many high-tech products results in a substantial variation in the quality of the units produced. After manufacturing, the units are classified into vertically differentiated products. These products are typically obtained in uncontrollable fractions, leading to mismatches between their demand and supply. We focus on product stockouts due to the supply-demand mismatches. Existing literature suggests that when faced with product stockouts, firms should satisfy all...
