Integrating Long-Term and Short-Term Contracting in Beef Supply Chains

• Main Authors: BOYABATLI, Onur, KLEINDORFER, Paul R., KOONTZ, Stephen R.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2011
• Subjects: contracting; beef supply chain; commodity risk management; multiproduct newsvendor; window contracts; Operations and Supply Chain Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/3790; https://ink.library.smu.edu.sg/context/lkcsb_research/article/4788/viewcontent/Boyabatlimnsc2011IntegratingContractingBeefSupply_pub.pdf; https://ink.library.smu.edu.sg/context/lkcsb_research/article/4788/filename/0/type/additional/viewcontent/TechnicalAppendix_IntegratingLong_termShort_termContr.pdf
• Institution: Singapore Management University

This paper analyzes the optimal procurement, processing, and production decisions of a meat-processing company (hereafter, a "packer") in a beef supply chain. The packer processes fed cattle to produce two beef products, program (premium) boxed beef and commodity boxed beef, in fixed propo...