Total-Cost Procurement Auctions: Impact of Suppliers' Cost Adjustments on Auction Format Choice.
Dimitris KostamisDamian R. BeilIzak DuenyasPublished in: Manag. Sci. (2009)
Keyphrases
- total cost
- reverse auction
- multi attribute
- sealed bid
- auction mechanisms
- optimal solution
- group buying
- production cost
- minimum total cost
- opportunity cost
- optimal cost
- service level
- planning horizon
- holding cost
- lead time
- average cost
- inventory level
- setup cost
- lot size
- winner determination
- online auctions
- fixed cost
- np hard
- mechanism design
- electronic commerce
- safety stock
- auction protocol
- special case
- bayesian networks