In-house capacity investment and outsourcing under competition
Description
We analyze a two buyer-one supplier setting. The buyers first simultaneously invest in in-house capacity with the knowledge of the demand distribution only. The demand is then realized after the investments are made. If the demand exceeds the invested capacity then, the balance requirement is sourced by the buyers from a common supplier. The supplier has the option to sell its capacity to an alternate market (where demand is random) and to these two buyers. We determine the equilibrium capacity investments by the two buyers in the presence of a supplier who has an alternate market.
Copyright Date
January 2014
Publication Date
1-1-2014
Pagination
204-208p.
DOI
10.1109/IEEM.2014.7058629
ISBN
978-1479964109
Publisher
IEEE Computer Society
Keywords
Capacity Investment, Competition, Sourcing
Conference
2014 IEEE International Conference on Industrial Engineering and Engineering Management: 9-12 December, 2014, Bandar Sunway, Malaysia