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系统工程理论与实践 2011
Supply chain coordination for "company + farmer" contract-farming with CVaR criterion
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Abstract:
Thecompany + farmercontract-farming supply chain model consisting of one risk-neutral company and one risk-averse farmer is proposed and the conditional value-at-risk(CVaR) method is utilized to describe the objective decision function of risk-averse farmer.The farmer's optimal decision making behavior under decentralized supply chain is analyzed.The results show that the risk-averse farmer's optimal production quantity will be increased with the increasing of contract purchasing price and definitely less t...