%0 Journal Article
%T Research on the Biomass Power Contract of ¡°Company +Farmer¡± Under Default Risk
%J -
%D 2017
%R http://dx.doi.org/10.3968/9546
%X We research the biomass power generation problem in the perspective of farmer contracting supply chain. By establishing a mathematical model and under the random yield and demand, a multiple farmer contract with a biomass power generation company problem in a two-level supply chain is researched in this paper. We propose different mechanisms in two situations: under default risk and no default risk. And compare the optimal decision in different contracts. We find that the famers¡¯ optimal input amount is always linear to the company¡¯s order quantity; The company and farmers¡¯ optimal decision quantity will both be improved under no default risk. However, the optimal input quantity by farmers will decrease with the increases of the compensation ratio in this situation.
%K Supply chain
%K farmer contracting
%K Biomass power generation
%K Contract-default
%U http://cscanada.net/index.php/mse/article/view/9546